P Kannan retired on October 31; Rakesh Kumar was recommended by PESB for the position, but ACC approval is still awaited.
New Delhi: S G Venkatesh, currently serving as Director (Technical) at Chennai Petroleum Corporation Limited (CPCL), has been entrusted with the additional responsibility of Director (Operations).
The appointment comes as the regular appointment to the board-level position is still awaiting ratification by the Appointments Committee of the Cabinet (ACC), headed by the Prime Minister.
Position Fell Vacant After P Kannan’s Retirement
The post of Director (Operations) at CPCL fell vacant following the retirement of P Kannan on October 31, 2026.
Following his retirement, S G Venkatesh was assigned the additional charge of the position while the regular appointment process remains pending.
Rakesh Kumar Recommended by PESB
The position was advertised on February 20, 2026. Subsequently, the Public Enterprises Selection Board (PESB) recommended Rakesh Kumar, General Manager (Technical Services) at Indian Oil Corporation Limited (IOCL), for the post on October 9, 2026.
However, the recommendation is yet to receive approval from the Appointments Committee of the Cabinet (ACC).
Until the final appointment is approved, S G Venkatesh will continue to handle the additional responsibility of Director (Operations), CPCL.