Sanjiv Singh |
Former Indian Oil Corp (IOC) chairman, Sanjiv Singh has joined Reliance Industries Limited as Group President for oil-to-chemicals business.
Singh's appointment comes at a time when RIL is in the process of carving out the O2C business into a separate unit by the name of Reliance O2C Limited, for a possible sale of a 20% stake to Saudia Aramco for $15 billion.
Earlier this year, Reliance has hired former IOC chairman Sarthak Behuria as a senior advisor to help shape the firm's fuel retail business.
Singh, a chemical engineer from IIT Roorkee with a diploma in Management, was the chairman of IOC for three years. Prior to that he was Director Refinaries at the company and oversaw the construction of India's newest oil refinery at Paradip in Odisha.
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