Indian Oil Corporation got a new Director (Marketing) with the appointment of Mr Makarand Nene. He succeeded Mr G.C. Daga who retired on September 30. 

According to a company statement, Mr Nene has also been appointed Chairman of IOC's subsidiary Lanka IOC (LIOC) in Sri Lanka, IOC's joint venture companies Indian Oil Petronas Pvt. Ltd (IPPL) and Indian Oil Skytanking Ltd (IOSL) respectively.

Prior to his appointment as Director (Marketing), Mr Nene was Executive Director (Supplies) at IOC's Marketing headquarters in Mumbai.