Indian Oil Corporation announced that Shri Shrikant Madhav Vaidya has ceased to serve as Chairman effective September 1, 2024, and Shri Sujoy Choudhury has superannuated as Director (Planning & Business Development). Shri Satish Kumar Vaduguri and Shri Nachimuthu Senthil Kumar have been entrusted with additional roles of Chairman and Director (Planning & Business Development) respectively from the same date.