Shashi Shanker has been appointed as the chairman and managing director of India’s biggest oil and gas producer ONGC. Shankar, at present director (technical and field services), ONGC, will take over the charge as CMD from October 1. He will replace Dinesh K Sarraf, who retires on September 30, upon attaining superannuation age. Shankar will have a nearly 4-year term until March 2021.

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