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

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Recent Posts

MEITY & MEA Enable Paperless Passport Verification via DigiLocker

In a major boost to Digital India, the Ministry of Electronics and Information Technology (MEITY)…

35 mins ago

Meet the World’s Youngest Self-Made Woman Billionaire Luana Lopes Lara

In an age where technology and finance intersect at lightning speed, Luana Lopes Lara, a…

1 hour ago

Australia’s Victoria University to Open First India Campus in Gurugram by 2026

In a significant development for higher education in India, Victoria University (VU) from Australia is…

1 hour ago

Which Lake is known as the Lake of Tears? Know the Name

Many lakes around the world are known by special names because of their stories, beauty,…

1 hour ago

RBI Monetary Policy December 2025: Why India Cut Rates and What It Means for the Economy

Under Section 45ZL of the Reserve Bank of India Act, 1934, every quarter, India’s Monetary…

2 hours ago

National Conservation Programmes in India: Protecting Tigers, Dolphins, Elephants, Bears, Crocodiles and More

India hosts nearly 8% of the world’s biodiversity, making conservation crucial for ecological balance and…

2 hours ago