ITI Limited Recruitment 2021: ITI Limited, a Miniratna PSU under the Department of Telecommunications, has posted a job vacancy through the PESB portal for the engagement of Chairman & Managing Director (CMD). Eligible and interested candidates can apply for the job before February 8, 2022. The post will fall vacant on July 1, 2022. Currently, Rakesh Mohan Agarwal is serving as CMD of ITI Limited.
The Chairman and Managing Director (CMD) is the Chief Executive of the Corporation and is accountable to the Board of Directors and Government of India. He/She is responsible for the efficient functioning of the Corporation, and for achieving its corporate objectives and performance parameters.
Pay scale: Rs 27,750 - Rs 31,500 (IDA)
Age Limit: Minimum age limit 45 years and age of superannuation 60 years
The minimum length of service required in the eligible scale will be one year for internal candidates, and two years for others as on the date of the vacancy.
The applicant must, on the date of application, as well as on the date of interview, be employed in a regular capacity – and not in a contractual or ad-hoc capacity – in one of the followings:-
(a) Central Public Sector Enterprise (CPSE) (including a full-time functional Director in the Board of a CPSE);
(b) Central Government including the Armed Forces of the Union and All India Services;
(c) State Public Sector Enterprise (SPSE) where the annual turnover is *Rs 1500 crore or more;
(d) Private Sector in the company where the annual turnover is *Rs 1500 crore or more.
Preference would be given to candidates from listed companies.
(*The average audited annual turnover of three financial years preceding the calendar year in which the post is advertised shall be considered for applying the approved limits)
The applicant should be graduated with full-time MBA or PGDIM or Engineering graduate or Chartered Accountant or Cost Accountant; from a recognised university or institute.
The applicant should have adequate experience at a senior level of management in a large organisation of repute.
Applicants with experience in production/ operations/ marketing/ finance and in Telecom Industry is desirable.
Note (i) Applicants from Central Government / All India Services should be holding a post of the level of Additional Secretary in Government of India or carrying an equivalent scale of pay on the date of application.
(ii) Applicants from the Armed forces of the Union should be holding a post of the level of Lt. General in the Army or equivalent rank in Navy/Air Force on the date of application.
Applicants from State Public Sector Enterprises or Private Sector should be working at Board level position on the date of application.
Duration of the appointment
The appointment shall be for a period of five years from the date of joining or up-to-the date of the superannuation or until further orders, whichever is earlier.
Click here to read the official notification for more about the ITI Limited CMD Job.
(PSU Watch- India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)