POSOCO is looking for CMD; apply before April 16

Power System Operation Corporation Limited (POSOCO) has released a job notification for the engagement of Chairman & Managing Director (CMD). Eligible and interested candidates can apply before April 16
POSOCO is looking for CMD; apply before April 16

POSOCO Recruitment 2021: Power System Operation Corporation Limited (POSOCO) has released a job notification for the engagement of Chairman & Managing Director (CMD).

The Chairman and Managing Director (CMD) is the Chief Executive of the Corporation and accountable to its Board of Directors and government or shareholders. Eligible and interested candidates can apply for the job before April 16. The post will fall vacant on February 1, 2022. Currently, KVS Baba is serving as Chairman & Managing Director of POSOCO.

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 – 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 including the Armed Forces of the Union and All India Services;
(c) State Public Sector Enterprise (SPSE) where the annual turnover is *Rs 1,500 crore or more;
(d) Private Sector in a 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)

Qualification

The applicant should be an engineering graduate from a recognised university or institute with the good academic record. Persons with MBA qualifications will have added advantage.

Experience

The applicant should possess adequate experience at a senior level of management in an organisation of repute with at least two years of cumulative experience, during the last ten years in power system operation or power market operation.

Note: (i) Applicants from central government / all India services should be holding a post of the level of Additional 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 Lt. General in the Army or equivalent rank in Navy/Air Force on the date of application.

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 notification. 

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