Small Industries Development Bank of India (SIDBI Bank) recruits Deputy Managing Director – August 26, 2014

Small Industries Development Bank of India (SIDBI Bank) invites application for the recruitment of Deputy Managing Director with Any Graduate holders

Company name : Small Industries Development Bank of India (SIDBI Bank)
Posts : Deputy Managing Director
Qualification : Any Graduate
Salary : Rs.650000-78000/- p.m
No of Openings : 01
Location : New Delhi
Last date to apply : 31/8/2014

Details of Post :

Deputy Managing Director

Applications are invited for the post of Deputy Managing Director, SIDBI having its headquarters at Lucknow from suitably quaiified and experienced candidates, not more than 55 years of age, as on 01.08.2014.Small industries Development Bank of lndia (SIDBI) was established on 2nd April 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 maters connected therewith or incidental thereto”. SlDBl is headed by a full time Chairman & Managing Director. There are 2 Deputy Managing Directors. The DMD is a Whole Time Director on the Board of SIDBI appointed by Central Government,

QUALlFICATlON & EXPERIENCE : The candidates must be under 55 years of age, as on 01.08.2014 and should possess the following:

  1. Experience of at least 2 years at senior position in banks and financial institutions at the level of General Manager and above;
  2. Proven management, leadership and innovative skills to build an inspired team;
  3. Experience of institutional development in the financial, banking, services sector or a Public Sector Undertaking;
  4. Adequate knowledge and experience in SME lending, Re-finance, Corporate Finance, Treasury Operations, Resource Mobilisation‘ Risk Management, Information Technology etc. Exposure to Micro Credit and Promotional and Development Services for SSls would be an added advantage;

Applications received shall be screened and shortlisted by a Screening Committee to assess Whether they meet the eligibility criteria and overall suitability for the post. The decision of the Screening Committee shall be final Candidates duly recommended by the Screening Committee will only be called for interview.

SALARY & ALLOWANCES : The post carries pay-scale of Rs.65,000 — 78,000/= (annual increment @3%) plus ail usual alowances and perquisites as allowed to Whole Time Directors of Public Sector Banks/Fls.

TERM OF OFFICE : The Deputy Managing Director, SlDBl, shall hold office for a term of upto five years from the date on which he assumes his office or until he attains the age of sixty years, Whichever isearlier. The other terms and conditions of appointment Wiii be those as may be specified by the Government at the time of appointment.

RECEIPT OF APPLICATION : Application, duly filled in prescribed proforma, together with Curriculum Vitae, one passport size photograph and names and contact details of three references should be submitted within regular office hours latest by 31.082014, in a sealed cover superscribed with “Application for the post of Deputy Managing Director, SiDBI”, in confidence to: (Mihir Kumar) Director, Ministry of Finance Department of Financial Services Jeevan Deep Building (3rd Floor), Parliament Street, New Delhi – 110 001 Tel.:011-2374 8732 Fax: 011-2374 2207, 011-2374 7018

Note: Ministry of Finance, Department of Financial Service will in no case be responsible for non-receipt of applications or any delay in receipt thereof on any account whatsoever. Application, received after the prescribed last date, will not be entertained under any circumstances and all the late applications Will be summarily rejected.

Important dates to remember :

Last date to apply : 31/8/2014

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