Shri B Ashok is new Chairman of
NEW DELHI . In the first top level appointment by the new government, Prime Minister Narendra Modi is believed to have cleared appointment of B Ashok as the head of largest oil firm, IOC. Modi is believed to have signed on Ashok's appointment file before he left for Brazil to attend BRICS Summit, an oil ministry official said here.
A formal order is likely to be issued tomorrow or latest by Wednesday, sources said.
Ashok, 57, was to succeed R S Butola who retired from service on May 31 on attaining superannuation age of 60 years. Since a full-time chairman was not appointed in time, R K Malhotra, Director (R&D) and senior most director on IOC board, was given additional charge.
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