Business Daily from THE HINDU group of publications Friday, Dec 01, 2006 ePaper |
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Corporate
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People Industry & Economy - Petroleum
Our Bureau
New Delhi , Nov. 30 Mr Arun Balakrishnan, Director (HR), Hindustan Petroleum Corporation Ltd (HPCL), seems to be emerging as a strong contender for the post of Chairman and Managing Director. Mr Balakrishnan's name came into the forefront after the interview conducted by the Public Enterprises Selection Board on Thursday for selecting the probable candidate to hold the post after the present CMD, Mr M.B. Lal, retires. Mr Lal's term gets over on March 31, 2007. Mr Balakrishnan is now the senior-most Director on HPCL board. Of the 10 names short-listed, the board interviewed eight candidates. The HPCL Director (Marketing), Mr S.R. Choudhary, is being tipped as the second choice. Some of the other names of the 10 short-listed candidates include, Mr K. Murali, ED, HPCL; Mr M.R. Hingnikar, Director (HR), GAIL (India) Ltd; Mr R. Suresh, ED, GAIL; and Mr C.N. Trivedi, ED, GAIL.
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