KIOCL invites job applications for CMD post; apply before Sep 8

KIOCL Recruitment 2023: Steel PSU KIOCL Limited has posted a job notification through the PESB portal for the engagement of Chairman & Managing Director (CMD). Eligible and interested candidates can apply for the job before September 8, 2023. The post will fall vacant on June 1, 2024. T Saminathan is the current CMD of KIOCL Limited.

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

Pay scale: Rs 2,00,000 – Rs 3,70,000 (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.

Employments 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 India Services and officers from Public Sector Banks/ Financial Institutions/ Autonomous Bodies, etc;

(c) State Public Sector Enterprise (SPSE) where the annual turnover is *Rs 2,000 crore or more;

(d) Private Sector in company where the annual turnover is *Rs 2,000 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 or Chartered Accountant or Cost Accountant or Post Graduate or Graduate with MBA or PGDM from a leading institute.

Work Experience

The applicant should possess cumulative experience or 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.

Applicants with experience in Mining or Iron or Steel sector will have added advantage.

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/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 full advertisement.

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