NO: 2018/E(O)II/40/19

ORGANIZATION :

TITLE & NO.OF POSTS : LOCATION :

TERM OF APPOINTMENT :

SCALE OF PAY :

AGE, QUALIFICATION, : EXPERIENCE ETC.

NOTE :

WEB ADDRESS :

CLOSING DATE :

VACANCY NOTICE NO. 158/2018

INDIAN RAILWAY FINANCE CORPORATION (IRFC)

MANAGING DIRECTOR - ONE POST

NEW DELHI

ABSORPTION

RS.80,000-1,25,000/- (IDA - PRS)

AS PER ANNEXURE

APPLICANTS SHOULD APPLY IN THE MANNER PRESCRIBED IN PESB WEBSITE.

HARD COPIES OF APPLICATIONS IN DUPLICATE SHOULD REACH THIS OFFICE BEFORE THE CLOSING DATE AS PRESCRIBED BY THIS MINISTRY FOR ONWARD TRANSMISSION TO PESB.

APPLICANTS SHOULD ALSO FILL UP THE ATTACHED PROFORMA FOR VIGILANCE CLEARANCE & SEND ALONG WITH HARD COPY OF APPLICATION.

SCANNED COPY OF THE APPLICATION SHOULD ALSO BE SENT THROUGH E-MAIL TO eo2@rb.railnet.gov.in

www.indianrailways.gov.in\railwayboard, then click for IR personnel and then vacancy circulars www.pesb.gov.in www.pesbonline.gov.in

30 DAYS FROM DATE OF ISSUE

SEND NAMES OF VOLUNTEERS WITH BIO-DATA INDICATING PREVIOUS POSTINGS TOGETHER WITH A STATEMENT GIVING DETAILS OF PREVIOUS DEPUTATION, IF ANY, IN CENTRAL PSUs DULY SIGNED BY THE APPLICANT VIGILANCE/DAR CLEARANCE AND CRS TO E(O)II/RAILWAY BOARD(.) APPLICATIONS RECEIVED WITHOUT STATEMENT WILL NOT BE ENTERTAINED AT ALL(.) ADVISE ALL ELIGIBLE SC/ST OFFICERS ALSO (.) RAILWAYS(.)

(K. GANGADHARAN) DIRECTOR/DEPUTATION/RAILWAY BOARD

No. : 6/19/2018-PESB

: Indian Railway Finance Corporation (IRFC) : Managing Director : 26/07/2018 : Schedule A : Rs. 80000-125000

I. COMPANY PROFILE

Indian Railway Finance Corporation Limited (IRFC) was incorporated under the Indian Companies Act, 1956 with the objective to bridge the gap in plan fund needs of Ministry of Railways and to meet its ''Extra Budgetory Resources'' requirement by raising resources from capital market in India and abroad at the most competitive rates and terms as per annual targets given by the Ministry of Railways. IRFC is a Schedule-''A'' /Miniratna CPSE in Financial Services sector under the administrative control of Ministry of Railways. Its Registered and Corporate Offices are at New Delhi. IRFC has an authorised capital of 15000 crores and paid up capital of Rs. 6526.46 crores as on March 31, 2017. The shareholding of the Government of India in the company is 100%.

II. JOB DESCRIPTION AND RESPONSIBILITIES

The Chairman and Managing Director is the Chief Executive of the Company and accountable to its Board of Directors and Government/Share holders. He/She is responsible for the efficient functioning of the company, and for achieving its corporate objectives and performance parameters.

III. ELIGIBILITY

1. AGE : On the date of occurrence of vacancy (DOV)

Age of superannuation 60 years
Internal			Others
Minimum	Maximum	Minimum	Maximum
45	2 years of residual service as on the date of vacancy w.r.t. the date of superannuation.	45	3 years of residual service as on the date of vacancy w.r.t. the date of superannuation.

2. 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 functionalDirector 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 2000 crore or more;

(d)

Private Sector in company where the annual turnover is *Rs 2000 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)

3. QUALIFICATION: Applicant should be a graduate with good academic record from a recognized University/Institution. Applicants with CA/CWA/MBA qualifications will have added advantage.

4. EXPERIENCE: Applicants should possess adequate experience at a senior level of management in a large organisation of repute. Experience in management & familiarity in finance will have added advanatge. Experience in Financial Accounting including Lease Accounting& Company Practices is desireable.

5. PAY SCALE/ RANK/ LEVEL: The minimum length of service required in the eligible scale/rank/level will be one year for internal candidates, and two years for others as on the date of vacancy.

(a) Applicants from CPSEs should be working in the following or a higher pay scale:

Eligible Scale of Pay

(i)

Rs. 8250-9250 (IDA) Pre 01/01/1992

(ii)

Rs. 11500-13500 (IDA) Post 01/01/1992

(iii) Rs. 23750-28550 (IDA) Post 01/01/1997

(iv)

Rs. 62000-80000 (IDA) Post 01/01/2007

(v)

Rs. 22400-24500 (CDA) Pre-revised

(vi)

Rs. 67000-79000 (CDA) Post 01/01/2006

(vii) Rs. Level 15 (182200-224100) (CDA) Post 01/01/2016

(b)

(i)

Applicants from Central Govt. / All India Services should be holding a post of the level of Additional Secretary in Govt. of India or carrying equivalent scale of pay.

(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.

(c)

Applicants from State Public Sector Enterprises/ Private Sector should be working at Board level position.

6. CONDITION OF IMMEDIATE ABSORPTION FOR CENTRAL GOVERNMENT OFFICERS

Central Government Officers, including those of the Armed Forces of the Union and the All India Services, will be eligible for consideration only on immediate absorption basis.

IV. DURATION OF APPOINTMENT

The appointment shall be for a period of five years from the date of joining or upto the date of superannaution or until further orders, whichever is earlier.

V. SUBMISSION OF APPLICATIONS

All applicants should send their applications as per the format .

1. The applicants should submit their applications through proper channel as follows:

(a)

Government Officers, including those of the Armed Forces of the Union and All India Services: through Cadre Controlling authority;

(b)

CMDs/MDs/Functional Directors in CPSE: through the concerned Administrative Ministry;

(c)

Below Board level in CPSE: through the concerned CPSE;

(d)

CMDs/MDs/Functional Directors in State PSE: through the concerned Administrative Secretary and Cadre Controlling Authority, if any, of the State Government;

(e)

Private Sector: directly to the PESB.

2. Applicants from Private Sector must submit the following documents along with the application form:

(a)

Annual Reports of the Company in which currently working for the 3 financial years preceding the calendar year in which the post is advertised (please provide URL or attach/enclose);

(b)

Whether the company is listed or not; if yes, the documentary proof (please provide URL or attach/enclose);

(c)

Evidence of working at Board level;

(d)

Self-attested copies of documents in support of age and qualifications;

(e)

Relevant Jobs handled in the past with details.

VI. UNDERTAKING BY THE APPLICANT

An applicant has to give an undertaking as a part of the application that he/she will join the post, if selected. If an applicant does not give such undertaking, the application would be rejected.

1. For candidates from Central Government/Armed Forces of the Union/ All India Services

(a)

The appointment is on immediate absorption basis.

(b)

If a candidate conveys his/her unwillingness to join after the interview is held, he/she would be debarred for a period of two years from the date of interview, for being considered for a Board level post in any CPSE.

(c)

Further, if a candidate conveys his/her unwillingness to join after the issue of offer of appointment, he/she would be debarred for a period of two years from the date of offer of appointment for being considered for a Board level post in any CPSE.

2.For candidates from CPSE

a.

If a candidate conveys his/her unwillingness to join after the interview is held, he/she would be debarred for a period of two years from the date of interview, for being considered for a Board level post in any CPSE other than the one to which the candidate belongs.

b.

Further, if a candidate conveys his/her unwillingness to join after the issue of offer of appointment, he/she would be debarred for a period of two years from the date of offer of appointment for being considered for a Board level post in any CPSE other than the one to which the candidate belongs.

3. For candidates from SPSE/ Private Sector

a.

If a candidate conveys his/her unwillingness to join after the interview is held, he/she would be debarred for a period of two years from the date of interview, for being considered for a Board level post in any CPSE.

b.

Further, if a candidate conveys his/her unwillingness to join after the issue of offer of appointment, he/she would be debarred for a period of two years from the date of offer of appointment for being considered for a Board level post in any CPSE.

4. In the above cases, no request for relaxation or otherwise would be entertained.

VII. THE APPLICANTS CAN EITHER

(a) fill up the Application Form online against this Job Description on the website of PESB -http://pesbonline.gov.in/ and thereafter forward it online, as specified in para V(1);

Or

(b) fill up the Application Form online against this Job Description on the website of PESB -http://pesbonline.gov.in/, take a printout and send it offline, as specified in para V(1).

Last time/date of receipt of complete application duly forwarded to PESB is by 15.00 hours on 11/02/2019. No application shall be entertained under any circumstances after the stipulated time/date. Incomplete applications and applications received after the stipulated time/date shall be REJECTED. Board reserves the right to shortlist applicants for interview.

Applications are to be addressed to

Smt Kimbuong Kipgen Secretary, Public Enterprises Selection Board, Public Enterprises Bhawan, Block No. 14, CGO Complex, Lodhi Road, New Delhi-110003.

ALL CORRESPONDENCE WITH THE PUBLIC ENTERPRISES SELECTION BOARD SHOULD BE ADDRESSED TO SECRETARY, PUBLIC ENTERPRISES SELECTION BOARD ONLY.

PARTICULARS IN RESPECT OF THE BOARD LEVEL OFFICER IN CPSEs FOR MAINTAING DATA ON VIGILANCE STATUS/PROFILE

1	Name of the Officer (in full)
2	Fathers name
3	Gender
4	Category
5	Date of Birth
6	Director Identification Number/ID NO assigned by PSU
7	Present Designation
8	Date of Joining
9	Date of end of Tenure
10	Date of Superannuation
11	Aadhar No.
12	Email ID
13	Mobile No
14	Parent Organisation and Lien ends on
15	Service to which the officer belongs including batch/year/cadre etc.
16	Last IPR filed details(i) filed as on;(ii) filed on
17	Details of scrutiny of APR (Annual Property Returns), if undertaken
18	Position held during last ten years
	S. No	Organisation (Name in Full)	Designation	Place of posting	Administrative/ nodal Ministry/Deptt. Concerned	Tenure Date From	Tenure Date From	Pay scale

19	Whether the officer has been placed in List of Officers of Doubtful Integrity.(If yes, full details to be given).
20	Whether the officer has been placed in the Agreed List If yes, full details to be given.
21	Whether any allegation of misconduct involving vigilance angle was examined against the officer during the last 10 years and if so with what result.
22	Whether any punishment was awarded to the officer during the last 10 years and if so, the date of imposition and the details of the penalty.
23	Are any disciplinary/criminal proceedings or charge sheet pending against the officer, as on date.(If so, details to be furnished. Including reference no, if any, of the Commission
24	Is any action contemplated against the officer as on date(If so, details to be furnished)