NEDFi Recruitment for Chairman and Managing Director Jobs in Guwahati - Apply Today

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Last Updated: Sep 16,2020 17:57 IST
NEDFi Recruitment for Chairman and Managing Director Jobs in Guwahati - Apply Today NEDFi Recruitment of Chairman and Managing Director Jobs
NEDFi Chairman and Managing Director Recruitment 2020: North Eastern Development Finance Corporation Limited (NEDFi) invites application for the position Chairman and Managing Director etc. Read details, eligibility criteria mentioned below for the vacancy and eligible candidates can submit their application directly to NEDFi before 30-10-2020.

NEDFi Recruitment 2020 for Chairman & Managing Director Notification in Guwahati

NEDFi Recruitment 2020Details
Job RoleChairman and Managing Director
Education RequirementB.Tech/B.E, CA, M.A, M.Com, M.E/M.Tech
Total Vacancy1 Post
Job LocationsGuwahati
Age LimitThe maximum age limit is 65 years.
Experience25 - 30 years
SalaryNot Disclosed
Posted on16-09-2020
Last Date To Apply30-10-2020


Qualification in Details:

North Eastern Development Finance Corporation Ltd. (NEDFi) is a public financial institution with an authorised capital of Rs.500 crore and an outcome of a national and Prime Ministerial initiative aimed at rapid development of the North Eastern region of India. The Corporation, incorporated in August 1995, under the Companies Act, 1956, is promoted by all India Financial Institutions, Insurance companies, Administrator of Specified Undertaking of Unit Trust of India and SBI. NEDFi provides credit and support facilities to industry, infrastructure and agriculture of the North Eastern region comprising of eight States including Sikkim.

The Corporation in association with the Ministry of Development of North Eastern Region (M-DoNER) has set up a first dedicated Venture Capital Fund for the North Eastern Region, namely “North East Venture Fund (NEVF)”. NEVF has been registered with the Securities and Exchange Board of India (SEBI) as an Alternate Investment Fund with a target corpus of Rs.100 crores in the year 2016

1.Term and Compensation:The appointment shall be for a period of 3 years extendable by another 2 years subject to conditions. The emoluments include Basic pay of Rs. 3,20,000/- with  Central Dearness Allowance (CDA) and other perks and allowances, applicable to Chairman and Managing Director position in NEDFi.

2.The Job:The job involves leading a group of professionals to fulfil the vision and objectives of the Corporation. The position reports to the Board of Directors. The job involves scanning opportunities, generating stretch targets, ensuring appropriate appraisal, due diligence, approval, and disbursement; identifying and developing entrepreneurship, augmenting resources from multiple sources, monitoring and controlling asset performance, ensuring appropriate risk management, and corporate governance practices, coordinating and liaisoning with shareholders and the stakeholders including the DFIs, Central and State Governments multilateral agencies, local economic, industrial and social forums etc. The job requires multiple business skills particularly combining critical competencies in developmental finance, venture financing, and micro credit management.

3.The Candidate:The candidate should have a successful track record of leading a business unit or a business segment or a large region or a corporate function in an organisation engaged/connected with development finance, banking, NBFC, venture finance or micro finance. The candidate should have a minimum work experience of 25 years with atleast 3 years at the Senior Management level (equivalent to minimum DGM/GM in a public sector bank). The candidate should have competencies to lead NEDFi to meet its objectives effectively and efficiently. The candidate’s track record of achievements and contribution in the current and the previous jobs will be an important factor in assessing the potential for this position. The candidate should have a recognised Post Graduate degree, preferably in Management, Economics, Commerce or Engineering and / or relevant graduate professional qualifications (B.E./B.Tech./C.A./C.F.A., etc.). A candidate having familiarity with the North Eastern Region arising from several years of relevant working experience in this area will be preferred.

4.Officers working in Central Government or State Government or Public Sector Undertaking or Semi Government or Autonomous Organization and fulfilling above eligibility criteria may also apply on deputation basis through proper channel.

Age Limit:

The maximum age limit is 65 years.


Address

North Eastern Development Finance Corporation Limited NEDFi House, G.S. Road, Dispur, Guwahati – 781006 (Assam)

Selection Procedure

The applications will be screened by a Search Committee of the Board and the short listed candidates will be invited for an interaction

Apply Procedure

The last date for Receipt of Application is 30th October 2020 by 17.00 hours.The applications along with comprehensive bio–data or referrals / commendation can be submitted to the following email id: [email protected] or Applications with a comprehensive bio-data or referrals/ commendation of suitable candidates with the inscription “CMD – Application” should reach at the following address:North Eastern Development Finance Corpn. Ltd.NEDFi House, G.S. Road, Dispur, Guwahati – 781006


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