NEW DELHI, Feb 26 � Rejecting Oil Minister M Veerappa Moily�s proposal to give Sudhir Vasudeva a post-retirement extension, government today appointed Dinesh K Sarraf as the new head of Oil and Natural Gas Corp, the nation�s most profitable company, reports PTI.
The Appointments Committee of the Cabinet (ACC) approved appointment of Sarraf, who at present is the Managing Director of ONGC�s overseas arm, ONGC Videsh Ltd.
Sarraf replaces Vasudeva, who turned 60 yesterday and is due to superannuate on Friday.
Sources in the Oil Ministry said the ACC, whose members include the Prime Minister, Home Minister and the minister of the ministry concerned, approved the appointment of Sarraf based on August 30 recommendation of the Government headhunter Public Enterprises Selection Board (PESB).
