Putting an end to the long wait, Prime Minister Manmohan Singh has cleared the appointment of Sudhir Vasudeva as the Chairman and Managing Director of Oil and Natural Gas Corporation (ONGC). Mr. Vasudeva, 57, is now Director (Offshore) in ONGC.
The formal orders for appointment of Mr. Vasudeva, who was selected by government appointed Public Enterprise Selection Board (PESB) in interviews on October 19 last year, were issued by the Petroleum and Natural Gas Ministry on Monday, officials in the Ministry said. Mr. Vasudeva will head ONGC till his retirement on January 31, 2014. The Prime Minister gave his approval to Mr. Vasudeva's appointment after the Central Vigilance Commission (CVC) gave final clearance on all complaints received against him.