Govt appoints Narasimhan as interim head of IOC
New Delhi   01-Feb-2011

The Government on Monday named SV Narasimhan as interim head of IndianOil (IOC).The interim appointments have been made as Oil Minister S Jaipal Reddy is yet to approve files pertaining to the appointment of fulltime chairmen of the two companies.

Narasimhan, currently Director (Finance) and the seniormost on IOC board, will takeover from February 1, the order said. He replaces acting Chairman B M Bansal, who too superannuated on Monday.

IOC has been without a permanent chairman since March 1, 2010 after government decided not to continue with Sarthak Behuria till his superannuation in 2012.