K Padmakar appointed CMD of BPCL
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K Padmakar appointed CMD of BPCL

Padmakar has been entrusted with additional charge of Chairman and Managing Director of Bharat Petroleum Corporation Limited (BPCL) until further orders by the Ministry of Petroleum & Natural Gas.

  • By ICN Bureau | September 02, 2020

K Padmakar, Director (HR) has been entrusted with additional charge of Chairman and Managing Director of Bharat Petroleum Corporation Limited (BPCL) until further orders by the Ministry of Petroleum & Natural Gas.

Padmakar has received a post graduate degree from Tata Institute of Social Sciences and a graduate degree from Acharya NG Ranga Agricultural University.

D Rajkumar, Chairman and Managing Director and R.Ramachandran, Director - Refineries have both superannuated from the Bharat Petroleum Corporation Limited (BPCL) service as at close of work on 31st August 2020.

The Public Enterprises Selection Board (PESB), the Government’s head-hunter, had advertised for the two key posts in the Maharatna oil refining and marketing company in August last year.

The PESB had scheduled interviews of shortlisted candidates in March/April, but called them off at the directions of the government in view of the planned privatisation of the state-owned company. The Government had extended the deadline for submission of bids for the strategic disinvestment of BPCL for a third time in May in the wake of requests from interested bidders and the “prevailing situation arising out of COVID-19.”

BPCL runs refineries in Mumbai, Kochi, Bina and Numaligarh and is India’s second biggest oil marketing company and third largest by refining capacity. It also figures in the list of Fortune 500 companies.

 


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