Indian Oil is looking for Director (Planning & Business Development); apply before Jan 1

Indian Oil has released a job notification for the engagement of the Director (Planning & Business Development). Eligible candidates can apply for the job before January 1, 2024
Indian Oil is looking for Director (Planning & BD); apply before Jan 1
Indian Oil is looking for Director (Planning & BD); apply before Jan 1PSU Watch

Indian Oil Recruitment 2023: Indian Oil Corporation Limited (IOCL) has released a job vacancy for the post of Director (Planning & Business Development). Eligible candidates can apply before Januaury 1, 2024. The post will fall vacant on September 1, 2024.

Director (Planning & Business Development) is a member of the Board of Directors and reports to the Chairman. He contributes to the formulation of corporate plans, policies, and strategies, both short and long term, towards attaining the business objectives of the Corporation. He is the Head of the Business Development wing of the company and is responsible for the overall performance of the Business Development function.

Pay scale: Rs 1,80,000 – Rs 3,40,000 (IDA)

Age Limit: Minimum age limit is 45 years and the age of superannuation is 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 vacancy.

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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 10,000 crore or more;

(d) Private Sector in company where the annual turnover is *Rs 10,000 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)

Educational Qualifications

The applicant should be an Engineering graduate with good academic record from a recognised university or institution.
Applicants with MBA/PGDM qualifications will have added advantage.

Work Experience

The applicant should have at least five years of cumulative experience in Oil/Gas/Petrochemical Sector in Marketing/Refining/Projects/Planning/Business Development functions, during the last ten years in an organisation of repute.

Applicants with experience in commercial matters, negotiations, logistics, legal and strategic planning would have added advantage.

Note:

(i) Applicants from Central Government / All India Services should be holding a post of the level of Joint Secretary in Government of India or carrying 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 Major General in the Army or equivalent rank in Navy/Air Force on the date of application.

(c)  Applicants from State Public Sector Enterprises/ Private Sector should be working at Board level position or at least a post of the level immediately below the Board level on the date of application.

Duration of 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 download the official notification. 

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