Dimapur, July 3: Shrikant Madhav Vaidya has taken over as the Chairman of Indian Oil Corporation Ltd on July 1. Concurrently, he would also be Chairman of Chennai Petroleum Corporation Ltd, a stand-alone refining subsidiary of Indian Oil and Indian Oiltanking Limited, another joint venture providing ‘terminalling’ services apart from being on the board of Hindustan Urvarak & Rasayan Ltd, a joint venture setting up three world scale fertilizer plants.
Vaidya, who is on the board of Ratnagiri Refinery & Petrochemicals Ltd would be taking over as its Chairman and would also be Director on the Board of M/s Petronet LNG Limited.
Prior to his elevation, Vaidya was the Director (Refineries) on the IndiaOil Board, since October 2019. He succeeds Sanjiv Singh, who has superannuated from the services of the Corporation. (Page News Service)