Govt picks PK Joshi as HPCL's new chairman

New Delhi: Pushp Kumar Joshi has been picked by government headhunter PESB to be the new chairman and managing director of Hindustan Petroleum Corporation Ltd (HPCL), the nation's third largest oil refining and fuel marketing company.

Joshi, who is currently Director - Human Resources at HPCL - was picked after PESB interviewed 10 candidates on January 24, the headhunter said in a notice.

"PESB recommended the following name for the post of Chairman and Managing Director, HPCL: Pushp Kumar Joshi," it said.

The recommendation will now go to the Appointments Committee of the Cabinet (ACC) headed by Prime Minister Narendra Modi. ACC will decide on his selection after getting reports from anti-corruption agencies such as CVC and CBI.

Joshi, 58, has been on the board of HPCL for almost a decade now.