Financial Daily from THE HINDU group of publications Monday, May 03, 2004 |
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Corporate
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People Kannan takes over as IBP MD Our Bureau
Mumbai , May 2 DR N.G. Kannan, Director (Marketing), Indian Oil Corporation Ltd, has taken over as the Managing Director of IBP Co Ltd in addition to his current responsibilities. This appointment is consequent to the retirement of Mr Arun Jyoti as the Managing Director of IBP on April 30. Dr Kannan also has additional responsibility as the Chairman, IndianOil Mauritius Ltd, a wholly owned subsidiary of IOC in Mauritius. The company, launched on April 22, would pursue retail, bulk, aviation fuel and lubricant business in the island nation.
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