MRVC advertises job vacancy for CMD post; click for details

MRVC Recruitment 2024: Mumbai Railway Vikas Corporation Limited (MRVC) has released a job notification for the engagement of Chairman & Managing Director (CMD). Eligible candidates can apply for the job before May 22. The CMD post in MRVC will fall vacant on February 1, 2025. Currently, Subhash Chand Gupta is serving as CMD of MRVC.

The 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 for achieving its corporate objectives and performance parameters.

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Pay scale: Rs 2,00,000 – 3,70,000 (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.

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 Group 'A' Officers including the Armed Forces of the Union and All ndia Services and officers from Public Sector Banks/ Financial Institutions/ Autonomous Bodies, etc;

(c) State Public Sector Enterprise (SPSE) where the annual turnover is *Rs.1,500 crore or more;

(d) Private Sector in company where the annual turnover is *Rs.1,500 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 Engineering Graduate Chartered Accountant OR Cost Accountant OR Post Graduate OR Graduate with MBA OR PGDIM from a leading Institute.

Work Experience

The applicant should possess cumulative experience/exposure for at least five years during the last 10 years in Finance or Business Development or Production or Operations or Marketing or Project Management in a large organisation of repute.

The experience in construction or tech. consultancy in infrastructure projects, especially railway projects, is desirable.

Note (i) Group 'A' officers of the Central Government including All India Services (AIS) and Autonomous Bodies etc. should be holding a post of the level of Additional Secretary in Govt. of India or carrying equivalent scale of pay on substantive basis on the date of application.

(ii) Applicants from Public Sector Bank or Financial Institutions should be at Board level for one year on the date of application.

(iii) 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 or Air Force on the date of application.

(c) 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 upto the date of superannuation or until further orders, whichever is earlier.

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