Government headhunters Public Enterprise Selection Board (PESB) had on January 22 selected Kumar, Executive Director, Hindustan Petroleum Corp Ltd (HPCL), to head MRPL upon retirement of P P Upadhya.
After approval of the Appointments Committee of the Cabinet (ACC), orders for Kumar heading MRPL were issued yesterday, MRPL said in a statement here.
Also Read
Pending this, Vishnu Agrawal, Director (Finance) at MRPL, was given additional charge of Managing Director of the company.
PESB had selected Kumar after interviewing 11 candidates, including five group general managers of MRPL.
State-owned Oil and Natural Gas Corp (ONGC) holds 71.63% stake in MRPL, which operates a 15 million tonnes a year oil refinery at Mangalore. HPCL has 16.96% stake in the company.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
