After ONGC, BPCL gets interim head in absence of regular appointment

Vetsa Ramakrishna Gupta on Tuesday assumed additional charge as chairman and managing director of Bharat Petroleum Corporation Ltd (BPCL) -- the second 'Maharatna' oil PSU to get an interim head in the absence of a regular appointment.

Gupta, Director (Finance) at BPCL, succeeds Arun Kumar Singh, who superannuated on October 31, a company statement said.

Government headhunter Public Enterprises Selection Board (PESB) had in March this year advertised for the post of chairman and managing director of BPCL to look for a successor for Singh.

The applications for the job closed on June 1 but PESB is yet to recommend a candidate, necessitating the appointment of an interim head.

Singh retired after serving as chairman and managing director of BPCL for 13 months.

His successor, Gupta, 51, is the senior most director on the company board and has thus been given the additional charge. He will superannuate in June 2031.

BPCL is the second oil PSU to get an interim head. Oil and Natural Ga