MD & CEO, LNG Petronet to be named on March 30

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LNG Petronet

Selection of new MD & CEO of LNG Petronet (India’s biggest liquid gas importer) is all set to take place on March 30.

A three-member Search Committee will interview the short-listed candidates. The Selection Committee comprises D K Sarraf (CMD, ONGC) and two independent directors on Petronet Board namely; A K Mishra and S K Gupta.

Dr Ashok Kr Balyan MD & CEO LNG PetronetDr Ashok Kumar Balyan, the incumbent MD & CEO, is scheduled to complete his five years tenure on July 30 this year. He was eligible for an extension till he would 65 yrs of age in July 2016 but the the Ministry of P&NG chose to go for fresh appointment for the post.

The speculations are in full-swing as who would succeed Dr Balyan on July 01, 2015. One will have to wait till March 30 for the answer.

 

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