New Ad-hoc chairman at IOC
New Delhi   04-Feb-2011

Subsequent to the superannuation of B.M. Bansal, Chairman of IndianOil, S.V. Narasimhan, Director (Finance), IndianOil, has been entrusted with the company's additional charge of the post of Chairman, on ad-hoc basis for a period of three months. In yet another development, Narasimhan, a chartered accountant himself, was conferred with the Corporate CA Achiever - CFO (Public Sector category) award by the Institute of Chartered Accountants of India. This award recognizes his remarkable contribution in adroitly handling the liquidly crunch for Indian Oil during the turbulent times of high volatility in global crude oil prices. The award was presented by Amarjit Chopra, President, ICAI, during the Corporate Conclave and ICAI Awards 2010, held recently.