India's Public Enterprises Selection Board (PESB), a public body set up to advise the Indian government on appointments to top management in the public sector, recommended Dinesh K Sarraf to be the new chairman and managing director of Oil and Natural Gas Corporation Limited (ONGC).
Sarraf was selected by the PESB to succeed Sudhir Vasudeva - the current chairman and managing director of ONGC - in February 2014.
"PESB recommended the following name for the post of Chairman & Managing Director, ONGC Limited - D K Sarraf," PESB said on its website.
Three other candidates were also considered for the post. They are Shashi Shandker, ONGC's director (Technology & Field Service); R Mohan Das, director (Personnel & Industrial Relations) at Coal India Limited; and Ashwani Lohani, Indian Railways' Chief Mechnical Engineer.
The Indian government will now considered PESB's recommendation for Sarraf to be take over as top executive of ONGC. Sarraf is currently managing director of ONGC Videsh Ltd., ONGC's international exploration and production subsidiary.
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