News > ONGC without a chairman as Subhash Kumar retires; no replacement appointed

ONGC without a chairman as Subhash Kumar retires; no replacement appointed

India's most valuable public sector firm by market capitalization ONGC on Saturday became a company with no chairman and managing director after incumbent Subhash Kumar superannuated and the government did not name his replacement.

As per practice, the government appoints a replacement of a director or chairman on any public sector board at least a couple of months before his retirement.