The Competent Authority has approved the proposal for entrustment of additional charge of the post of Chairman & Managing Director (CMD), GAIL (India) Limited to M. V. Iyer, Director (Business Development), GAIL for a period of three months with effect from Its September, 2022 or till the appointment of a regular incumbent to the post or until further orders, whichever is the earliest.

In November 2020, Iyer assumed charge as Director (Business Development) of GAIL (India) Limited. Before this, he was working as Executive Director (Projects) with the company.

An Electrical Engineer, Iyer has 36 years of rich and diverse experience in GAIL in project execution amounting to Rs. 40,000 crore, including current projects worth Rs. 25,000 crores spanning 16 states, 150 districts and City Gas Distribution (CGD) projects in six cities. As a target-oriented professional, he has consistently delivered results in projects, operations and maintenance roles. 

He has been part of the core team of GAIL for implementation of various long term and short term strategies in GAIL. Iyer is also Director in one of the GAIL's new joint venture company Indradhanush Gas Grid Limited (IGGL) for implementation of North East Gas Grid. He has been associated with several non-core business areas like commissioning of the Dabhol LNG terminal and implementation of 100 MW Wind power project, 5 MW Solar power projects and current thrust areas of City Gas Distribution (CGD) projects within a short span of one year.