U P Singh appointed as Interim CMD of Oil India Limited

U P Singh was on 1 July 2015 appointed as the Interim Chairman and Managing Director (CMD) of state-run Oil India Limited. He succeeded S K Srivastava, who superannuated on 1 July 2015.

U P Singh is a Joint Secretary (Exploration) under Union Ministry of Petroleum and Natural Gas.

Normally, in cases where the appointment of a regular chairman is delayed, interim charge is handed over to the senior-most director on the company’s board. In case of Oil India Ltd, Borah, who is the wife of former OIL Chairman and Managing Director B C Borah, is the senior-most director.

Singh was made acting chairman after questions were raised over selection of Rupshikha Saikia Borah, Director (Finance), OIL by government headhunters Public Enterprise Selection Board (PESB).

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