Gautam Roy has been appointed as the new Managing Director of Chennai Petroleum Corporation Ltd (CPCL). "Gautham Roy, Executive Director, Indian Oil Corporation (IOC), has been appointed as Managing Director, CPCL in terms of letter dated October 09, 2014, received from the Ministry of Petroleum and Natural Gas, Government of India," CPCL said in a filing to stock exchanges. Roy has been appointed in place of AS Basu who retired on May 31. Since then the charge of Managing Director was with S Venkataramana, Director - Operations of CPCL, formerly known as Madras Refineries Ltd.
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