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Alka Mittal becomes the first woman CMD to lead ONGC
Energy major ONGC’s Director (HR) Alka Mittal has become the first woman to lead the firm, the Union Petroleum & Natural Gas Minister informed. Mittal, who is the senior-most director of ONGC, has been given the additional charge of Chairman and Managing Director (CMD) of the company.
Mittal was entrusted with the additional charge as incumbent Subhash Kumar superannuated on December 31, 2021. Kumar held the post of Director-Finance ONGC (Oil and Natural Gas Corporation). He was holding the responsibility of CMD since April last year. ONGC has failed to appoint a proper chairman since February previous year when Shashi Shanker retired. Kumar's appointment was a natural progression, as he was the senior-most official at that time.
The order to replace a retiring director is usually issued two-three days before their spell ends, which hadn’t happened in this case. ONGC was left without a head for over 48 hours.
Mittal holds a post-graduate degree in Economics, MBA (HRM) and Doctorate in Commerce and Business Studies. The company’s website says Mittal joined ONGC as a Graduate Trainee in 1985. Mittal has been working with the energy major as Director (HR) since November 2018 & was the first woman to hold the charge of a full-time Director in ONGC’s history.
The government appoints a replacement of a director or chairman on any public sector board at least a couple of months before the person retires. As per a report, the energy major had interviewed candidates to replace Shanker but couldn’t find any suitable candidate out of the nine shortlisted.
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