OVL MD appointment through search-cum-selection committee
NEW DELHI: After keeping the post vacant for nearly a year, the government has constituted a search-cum-selection committee to appoint the managing director of ONGCNSE -1.60 % Videsh Ltd, India’s flagship firm for acquisition of oil and gas assets abroad.
Narendra K Verma, the previous managing director of OVL, retired on January 31, 2019, and the post has been lying vacant since then. In the absence of any full-time head, OVL did not make a single acquisition in 2019, records on the company website showed.
The oil ministry has now invited applications for the post by February 6 which will be screened by the search-cum-selection committee, according to the notice inviting application.
