Can Anil Ambani become ONGC Chairman?

Question

The Apppointments Committee of Cabinet has ended the monopoly enjoyed by the Public Enterprises Selection Board's three-member selection team and initiated a wider search process to tap the private sector talent pool, at least for India's most profitable company, Oil and Natural Gas Corporation. ACC has also asked that the search process be widened to draw more candidates from the private sector.

This is the second time independent experts are being included in the PESB's interview panel. The government had done that earlier in case of selecting a chairman for MMTC Ltd.

Oil minister Murli Deora, however, skirted questions on why it took five months for the government to realise that the vacancy had failed to attract enough talent from the private sector. He also evaded direct reply to why this standard was not applied in the case of similar appointments in gas utility GAIL and refiner-marketer HPCL, where the ministry went by seniority. "They are no match to ONGC's size."

But ACC has removed all doubts over Sharma and Hazarika's credibility or competence, saying they were free to apply again, and ordered Sharma to continue with his dual task till May 31, by which time a name is to be finalised.

Answer 1

Yes he can become, coz, firstly the Competiter of ONGC Reliance Petroleum and that is headed by Mukesh Ambani Group and Anil Ambani has business in powersector not in Petroleum, so he can very well become the Chairman

And yup, both the brothers have signed a settlement where in each would not enter into the others field, here Anil Ambani is not owning ONGC, but only working there, so he can become the chairman and compete head on with reliance petroleum, wow what a market that would be,

if that happens, trust me, its the consumers who will benefit

Answer 2

Anil Ambani can never head ONGC. Two reasons for it.

First and most important is the sector deterance. ONGC is a public sector organistion driven and controlled directly by the governmnent, whilst Anil Ambani is the Private Corporate Entity. Under no cicumstances would the governmnent pass on the Decision making powers on to the hands of a non-government enterpreneur. With ONGC dominating the market share shall never dole out it stakes to any private sector enterprise, be it Anil Ambani.

Secondly, Anil Ambani is renowned as and possess skill in Brand Building. Before the Ambani spat, the brand positioning and related was under the perrogative of the younger Ambani scion.

Thus, under no circumstance Anil Ambani "would" or "should" stand a chance in ONGC board room.

Answer 3

The Ambani's with Petroleum Industry in thier Bussines Profile will cause moth harm and good to ONCG if either of them or as asked by asker "Anil" takes the chairmanship of ONGC.

They are currently rivals to ONGC as far as the business is concerned. Even otherwise, ONGC is not doing that bad to bring in an outsider for the chairman's job. It also has lot of talent pool and as well when all the profit making PSU's are scanned, I am sure that tehy will find atleast 5 prospective people to fit into the role.

What I see the PSEB initiative is to sell the position to highest bidder and in bargain the govt is going to loose a quantum of its business and talent (sure talent poaching by private sector) will follow)

Answer 4

Yes, he is qualified and experienced person to become the chairman of ONGC.

But we must look at the fact that his companies are active in oil and gas related sector. In this case, the interests of ONGC will clash with his companies and as such can be compromised. Just for this reason - he will not become the chairman of ONGC unless he takes over the company.

Answer 5

You should be asking a different question: how did Dhirubhai Ambani become rich?

Answer 6

Chanceless, Anil was geeky of IT savvy, I thought Mukesh is Best for this Job or in Politics Sharad Powar will suits this job

Answer 7

why not he is highly qualified for the job in view of his experience and acheivements in petroleum industry