Government headhunter PESB made no proposal for the next chairman of India’s largest oil company, Indian Oil Corporation (IOC), post interviewing 10 applicants including Chennai Petroleum Corporation Ltd (CPCL) MD Arvind Kumar. Kumar and nine others showed up for an interview prior to Public Enterprise Selection Board (PESB) on Tuesday.
This is the second time in the latest months that PESB has not been able to find a suitable candidate for a high-ranking position at a blue-chip oil company. On June 3, 2021, it failed to select a suitable candidate from nine candidates, including two currently serving IAS officers for ONGC.