Shrikant Madhav Vaidya takes charge as IOC Chairman, succeeds Sanjiv Singh

Shrikant Madhav Vaidya on Wednesday took charge as the new chairman of Indian Oil Corporation (IOC).

Prior to his elevation, Vaidya was the Director (Refineries) on the IOC Board, since October 2019. He succeeds Sanjiv Singh, who has superannuated from the services of the Corporation on June 30.

Concurrently, Vaidya will also be Chairman of Chennai Petroleum Corporation, a stand-alone refining subsidiary of IOC and Indian Oiltanking Ltd. Vaidya who is on the board of Ratnagiri Refinery & Petrochemicals Ltd will be taking over as its Chairman and will also be Director on the Board of Petronet LNG.

A Chemical Engineer from the National Institute of Technology, Rourkela, Vaidya has over 34 years of experience in refining and petrochemicals operations.

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