ONGC board gets former power secretary as independent director

Practising chartered accountant S Ravi was also made a part time non-official director on the board of ONGC.

hidden December 02, 2013 18:47:30 IST
ONGC board gets former power secretary as independent director

New Delhi: Former power secretary P Umashankar has been appointed as independent director on the board of state-owned Oil and Natural Gas Corp (ONGC).

Umashankar, a 1976 batch Uttar Pradesh cadre IAS officer from Tamil Nadu, superannuated as secretary, Ministry of Power in June this year.

"Ministry of Petroleum and Natural Gas vide letter dated November 29, 2013 has appointed P Umashankar, Ex-Secretary to the Government of India and S Ravi, Practising Chartered Accountant, as part time non-official directors on the board of ONGC," the company said in a filing to the BSE stock exchange.

ONGC board gets former power secretary as independent director

Workers at the ONGC Ankleshwar asset. AFP.

The Board of Directors of ONGC approved their appointment as additional directors on the Board with effect from 29 November, it said.

The company further said neither Umashankar nor Ravi and their dependents hold any equity shares in ONGC.

PTI

Updated Date:

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