NBCFDC Recruitment 2021: National Backward Classes Finance and Development Corporation (NBCFDC) has posted a job vacancy for the engagement of Managing Director (MD). Eligible and interested candidates can apply for the job before August 23. The post has been lying vacant since April 1.
The Managing Director of NBCFDC is the Chief Executive of the corporation and accountable to its board of directors and the government. He/She is responsible for all the activities of the corporation including personnel, financial and commercial management, corporate planning and project implementation. He/She is responsible for the effectiveness of the organisation in the pursuit of the Corporation's goals and objectives and in particular for the performance and supervision of the technical, administrative and day to day operations of the corporation.
Pay scale: Rs 1,60,000 - 2,90,000 (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.
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)
The applicant should be a graduate with a good academic record from a recognised university or institution.
Applicants with Technical or MBA qualifications will have added advantages.
Applicants should possess adequate experience at a senior level of management in a large organisation of repute.
Applicant with experience in Finance or Marketing or Production or Projects will have an added advantage.
Experience in Project Financing is desirable.
Note (i) Applicants from the central government or All India Services should be holding a post of the level of Director in the 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 Brigadier in the Army or equivalent rank in Navy/Air Force on the date of application.
(iii) Applicants from State Public Sector Enterprises/ Private Sector should be working at Board level position 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 read the official advertisement.
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