Mangalore, Aug 1, 2014: Vishnu Agrawal, Director (Finance) of MRPL has been given additional charge of Managing Director of the company as the government has not yet finalised appointment of a regular chief executive.
Government headhunters Public Enterprise Selection Board (PESB) had on January 22 selected H Kumar, Executive Director, Hindustan Petroleum Corp Ltd (HPCL), to head Mangalore Refinery and Petrochemcias Ltd (MRPL) after incumbent P P Upadhya superannuates on July 31.
However, the appointment of Kumar has not yet been finalised and in the meantime the government has given Agrawal additional charge of MRPL.
Agrawal has taken charge, the company said in a press statement here.
PESB had selected Kumar after interviewing 11 candidates including five group general managers of MRPL.
Agrawal, 58, has been Director (Finance), MRPL since April 2011. He also serves on the board of Shell MRPL Aviation Fuels and Services Ltd and Mangalore SEZ Ltd as director.
A Chartered Accountant, Agrawal has "over 34 years of functional experience in finance and accounts, commercial, international trade and shipping, treasury and foreign exchange, corporate finance, taxation and insurance, refinery operations, marketing and management information systems," the statement said.
State-owned Oil and Natural Gas Corp (ONGC) holds 71.63 per cent stake in MRPL, which operates a 15 million tons a year oil refinery at Mangalore. HPCL has 16.96 per cent stake in the company.