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PMO approves R S Sharma as ONGC CMD

New Delhi, July 3 (UNI) The appointment of Chairman and Managing Director of Oil and Natural Gas Corporation (ONGC) R S Sharma which has been given the green signal from the Prime Minister's Office is awaiting a formal announcement from the Corporation today.

Mr Sharma who was currently the acting CMD since MAy 25 last year will head the country's largest oil producer till 2011.

The orders pertaining to his appointment has been cleared by the Petroleum Ministry.

The Public Enterprise Selection Board headed by N K Sinha had earlier selected Mr Sharma after conducting interviews of 28 candidates on June 3 and June 4.

Mr Sharma the senior most member in the Corporation was Director (Finance) before being being appointed as the acting head.

UNI

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