RITES is looking for CMD; apply before July Dec 17

RITES Limited 2020: RITES Limited, a Miniratna PSU under the Ministry of Railways, has posted a job vacancy through the PESB portal for the engagement of Chairman & Managing Director (CMD). Interested and eligible candidates can apply for the job before December 17. The post will fall vacant on July 1, 2021.

The Chairman and Managing Director 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 for achieving its corporate objectives and performance parameters.

Pay scale: Rs 2,00,000/-  Rs 3,70,000/- (IDA)

Age Limit: Minimum age limit 45 years and age of superannuation 60 years

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 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)

ALSO READ: SECI invites job applications for Director (Solar); apply before Dec 17

Qualification 

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

Experience

Applicants should possess adequate experience at a senior level of management in a large organisation of repute.
The applicant with experience in Finance/Marketing/Production/Projects will have an added advantage.
Experience in the Infrastructure sector is desirable.

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 full advertisement.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Telegram. Join PSU Watch Channel in your Telegram and stay updated)