Categories: Appointments

Shrikant Madhav Vaidya becomes new chairman of IOC

Shrikant Madhav Vaidya took charge as the new chairman of Indian Oil Corporation (IOC). Prior to this, he was the Director (Refineries) on the IOC Board, since October 2019. He will replace Sanjiv Singh, who retired on June 30.

Boost your Banking Awareness Knowledge with Adda247 Live Batch: TARGET GA BATCH | Banking Awareness Batch for SBI, RRB, RBI and IBPS Exams

Vaidya will also be the chairman of Chennai Petroleum Corporation Ltd, a stand-alone refining subsidiary of IOC, and Indian Oiltanking Ltd, a joint venture providing terminalling services. He will also take over as the head of Ratnagiri Refinery & Petrochemicals Ltd and also be a director on the board of Petronet LNG Ltd. He has had a decade-long association with India’s largest cracker plant—the Panipat Naphtha Cracker Complex.

Important takeaways for all competitive exams:

  • Indian Oil Corporation Headquarters: New Delhi.
  • Indian Oil Corporation established: 1959.

Find More Appointments Here

Sumit Arora

Recent Posts

Which District of Uttar Pradesh is known as the Katehar Region?

In Uttar Pradesh, certain areas are recognized by specific regional names that highlight their historical,…

14 mins ago

Which District of Haryana is Known as Brass City?

Haryana is a state in northern India known for its rich history and industrial growth.…

2 hours ago

Govt Should Include Coking Coal in Critical Minerals List: NITI Aayog

The NITI Aayog has recommended adding coking coal to India's critical minerals list, emphasizing its…

2 hours ago

UK and India to Relaunch FTA Talks in Early 2025: Strengthening Bilateral Ties

UK Prime Minister Keir Starmer announced the resumption of Free Trade Agreement (FTA) negotiations with…

3 hours ago

COP29 Tourism Sector Gains Global Support for Climate Action

COP29 marked a significant milestone in global efforts to address climate change within the tourism…

3 hours ago

Bali Celebrates Hindu Festival of Gratitude

Bali is home to a rich cultural heritage that blends Hindu philosophy, local animist traditions,…

4 hours ago