ONGC revamp: New director to spearhead new energy, petrochem business
Oil and Natural Gas Corporation (ONGC) will have a new director to spearhead its new energy, petrochemicals and corporate strategy, as part of a board revamp aimed at breathing fresh life into the state-controlled behemoth.
A new director for strategy and corporate affairs has been created, according to an office order from the company.
This will be besides a newly consolidated production division following a board-level reorganisation.
ONGC aims to draw synergies from the merger of its onshore and offshore divisions in creating a director for production, which is headed by Pankaj Kumar.
