Govt ropes in Kearney top gun Vikas Kaushal as HPCL chief

NEW DELHI: The authorities on Friday appointed Vikas Kaushal, former India head of administration consultancy agency Kearney (previously identified as A. T. Kearny), as chairman of state-run Hindustan Petroleum Corporation Ltd, after accepting the oil ministry’s solutions for relaxations in eligibility standards.
Kaushal turns into the primary particular person from the non-public sector to be appointed as the top of a state-run oil firm, indicating the federal government’s bid to deliver in outdoors expertise by lateral entry at a time when the vitality world is witnessing a paradigm shift.
A chemical engineering graduate from Panjab University and MBA from Indian Institute of Management-Ahmedabad, Kaushal will succeed Push Kumar Joshi, who superannuated on August 31 final yr. Kaushal has three many years of advising corporates on administration.
Kaushal has publicity to the working of world and home oil business as Kearney’s lead for vitality and course of industries at Kearn. He can also be the one Indian to have been elected to Kearney’s world board for 2 phrases, the utmost restrict.
PESB, the federal government headhunter, had in June final yr rejected all of the eight candidates interviewed for the HPCL top put up, leaving it to the federal government to determine on an appropriate plan of action to fill the emptiness.