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ONGC Chairman Age Limit Raised to 59
5 Jul
Summary
- Maximum entry age for ONGC chairman increased to 59 years.
- New chairman will have a three-year term, extendable by two years.
- Selection committee formed by the oil ministry, not PESB.
The government has significantly altered the eligibility criteria for appointing the next chairman of ONGC, India's leading oil and gas producer. The maximum entry age has been raised to 59 years, a departure from previous norms, to broaden the candidate pool. The successful applicant will be granted an initial three-year term, with a possibility of extension for up to two more years, subject to performance evaluations.
This new framework also allows for continued service beyond the standard retirement age of 60 on a contractual basis. The selection process will be managed by a search-cum-selection committee constituted by the oil ministry. The vacancy arises on December 7, 2026, when the current chairman, Arun Kumar Singh, concludes his extended tenure.
Applications for the position are due by July 21, with forwarding deadlines by July 30. The chairman will be tasked with overseeing the company's overall management, strategic direction, exploration and production, new energy ventures, and technology adoption.
