Chairman and Managing Director job of Small Industries Development Bank of India (SIDBI) August 2010

Government of India
Ministry of Finance
Department of Financial Services

Applications are invited from suitably qualified and experienced candidates for the post of:
Chairman and Managing Director of Small Industries Development Bank of India (SIDBI)

Small Industries Development Bank of India (SIDBI) was established on April 2, 1990. The Charter establishing it, The Small Industries Development Bank of India Act, 1989 envisaged SIDBI to be “the principal financial institution for the promotion, financing and development of industry in the small scale sector and to coordinate the functions of the institutions engaged in the promotion and financing or developing industry in the small scale sector and for matters connected therewith or incidental thereto”. SIDBI is headed by a full time Chairman and Managing Director appointed by Central Government and has its head office at Lucknow.

Qualifications:
(i) The age of the candidate should be preferably below 55 years as on July 1, 2010;
(ii) The minimum qualification is a graduate degree preferably in Economics, Commerce, Engineering, Chartered Accountancy or MBA;
(iii) Person should have proven management, leadership and innovative skills to lead an inspired team;
(iv) The applicant should have adequate experience in financial institutions or banks, of which one year should be in a senior position, not below the rank of Chief General Manager of an All India Financial Institution, RBI OR General Manager of a Public Sector Bank;
(v) Preference will be given to the candidates holding board level positions in financial institutions or banks;
(vi) The applicant should have adequate knowledge and experience in MSME lending, Re-finance, Corporate Finance, Treasury Operations, Resource Mobilisation, Risk Management, Information Technology etc. Exposure to Micro Credit and Promotional and Developmental Services for MSMEs would be an added advantage;
(vii) Candidates having similar experience and responsibility in private sector banks at the top management level may also be considered for the post

The appointment will be on contractual basis initially for a period not exceeding five years and shall carry the Pay-scale of Rs.75,500 (annual increment @3%)– Rs.80,000/- plus all usual admissible allowances and perquisites.

Last Date: 14.09.2010

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