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Interviews for appointment of heads of NHB and IIFCL today
By IndianMandarins- 25 Mar 2019
712Interviews
for the appointment of heads of India Infrastructure Finance Company (IIFCL) and
National Housing Bank (NHB) are scheduled to be held on Monday - that is today.
Both have been headless for a long time. The
Department of Financial Services (DFS) is learned to have shortlisted five
candidates for IIFCL and 12 candidates for the post of managing director of
NHB. The
interview panel comprises the Financial Services Secretary, Department of
Personnel and Training Secretary and some external members. According
to the public notice issued by the DFS, the candidate should have at least 25
years of experience as on the date of the vacancy in different verticals in
commercial banks or financial institution. Of this, two years of experience
should be either at the board level or GM in nationalized banks or CGM in IFCI,
SIDBI, IIFCL, Exim Bank, SBI or RBI. According
to the notice, even officers serving as joint secretary or above in the
Government of India or at an equivalent in the state government with 2 years
long experience in the field of commercial or industrial finance are eligible. The
appointment will be initially for 3 years and may be extended by up to 2 years
based on performance. It
may be recalled that candidates were interviewed in 2017 for the post of
managing director (MD) IIFCL but none was selected. So,
the Department of Financial Services (DFS) invited fresh applications in August
last year. In total, the infrastructure lender has been without a regular MD
for the past 20 months. The
housing finance regulator NHB became headless in August last year following the
resignation of Sriram Kalyanaraman amid allegations of irregularities and
misconduct against him.
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Interviews for appointment of heads of NHB and IIFCL today
By IndianMandarins - 2019-03-25 11:05:19
Interviews
for the appointment of heads of India Infrastructure Finance Company (IIFCL) and
National Housing Bank (NHB) are scheduled to be held on Monday - that is today.
Both have been headless for a long time.
The Department of Financial Services (DFS) is learned to have shortlisted five candidates for IIFCL and 12 candidates for the post of managing director of NHB. The interview panel comprises the Financial Services Secretary, Department of Personnel and Training Secretary and some external members.
According to the public notice issued by the DFS, the candidate should have at least 25 years of experience as on the date of the vacancy in different verticals in commercial banks or financial institution. Of this, two years of experience should be either at the board level or GM in nationalized banks or CGM in IFCI, SIDBI, IIFCL, Exim Bank, SBI or RBI.
According to the notice, even officers serving as joint secretary or above in the Government of India or at an equivalent in the state government with 2 years long experience in the field of commercial or industrial finance are eligible.
The appointment will be initially for 3 years and may be extended by up to 2 years based on performance.
It may be recalled that candidates were interviewed in 2017 for the post of managing director (MD) IIFCL but none was selected.
So, the Department of Financial Services (DFS) invited fresh applications in August last year. In total, the infrastructure lender has been without a regular MD for the past 20 months.
The housing finance regulator NHB became headless in August last year following the resignation of Sriram Kalyanaraman amid allegations of irregularities and misconduct against him.
