HIL (India) Ltd posts job vacancy for CMD post; apply before Feb 11

HIL Recruitment 2021: Pharmaceutical PSU HIL (India) Limited has posted a job vacancy for the engagement of Chairman & Managing Director (CMD). Eligible and interested candidates can apply for the job before February 11. The post is vacant since October 1, 2021.

The Chairman and Managing Director (CMD) is the Chief Executive of the company and accountable to its Board of Directors and Government & shareholders. He/She is responsible for the efficient functioning of the company, and for achieving its corporate objectives and performance parameters.

Pay scale: Rs 65,000 – Rs 75,000 (IDA)

Age Limit: Minimum age limit 40 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.

Employment status

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/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 500 crore or more;
(d) Private Sector in a company where the annual turnover is *Rs 500 crore or more.

(*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)

Qualification

The applicant should be an engineering graduate or Chartered Accountant or Cost Accountant or Graduate with a full-time MBA or PGDIM from a leading Institute.

Experience

The applicant should have experience or exposure at a senior level of management for at least three years during the last ten years in chemical or agro-inputs, i.e. seeds, fertilizers and agro-chemical industries.

Note (i) Applicants from Central Government or All India Services should be holding a post of the level of Director 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 Brigadier in the Army or equivalent rank in Navy or 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 superannuation or until further orders, whichever is earlier.

Click here to read the official advertisement. 

(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.)