Banks Board Bureau (SIDBI) is seeking for Deputy Managing Director

The Banks Board Bureau has its genesis in the recommendations of The Committee to Review Governance of Boards of Banks in India, May 2014. Thereafter, on February 28, 2016, the Government of India, announced the constitution and composition of the Bureau. The Bureau started functioning from April 01, 2016 as an autonomous recommendatory body.The Bureau is also engaging with the Public Sector Banks (PSBs) to help build capacity to attract, retain and nurture both talent and technology – the two key differentiators of business competencies in the days to come.(SIDBI)

Job Offer for Deputy Managing Director at Banks Board Bureau

Invites application for the position of Deputy Managing Director Of Small Industries Development Bank Of India SIDBI

The Institution: Established in 1990, SIDBI is the principal financial institution for promotion, financing and development of MSMEs as well as coordination of functions of institutions engaged in similar activities. The Deputy Managing Director, a Whole Time Director on the Board, shall be appointed for 3 years (extendable by further 2 years subject to conditions).

Eligibilities :

• Open Advertisement: Candidate, not be more than 55 years of age as on January 22, 2021 with a post-graduate degree preferably in specified subjects/ courses Or a graduate degree with specified professional qualifications; and having worked for more than 18 years in different verticals / domains in Scheduled Commercial Banks (SCBs)/ Financial Institution (FIs)/Public Sector Organisations in financial sector, with at least 2 years operational experience/ exposure preferably in Credit Appraisal/ Micro credit/ SME lending. Of these 18 years, at least 2 years of experience should be at the highest level below the Board level. All positions specified should have been held on substantive basis.
• On Deputation basis: All-India Service Officers/ Central Services Group ‘A’ Officers serving at the level of Director/Director equivalent to Government of India or above with a minimum of 15 years experience of which 2 years mandatory experience as Director/ Deputy Secretary to Government of India in the field of finance/ SME lending/ industrial development/ public enterprise management; OR State Government Officers serving at an equivalent level with a minimum of 15 yrs experience of which 2 yrs mandatory experience in the field of finance/ SME lending/ industrial development/ public enterprise management. The cut-off date for above eligibilities shall be January 22, 2021.

For details of the other eligibility terms and conditions, please see the advertisement on
https://www.banksboardbureau.org.in/ under the “Vacancies” tab.

How to apply: Interested candidates can apply online through the link available on
https://www.banksboardbureau.org.in/ under the “vacancies” tab or directly at https://www.research.net/r/dmd-sidbi

Last date of application: 5:00 pm on 15-September-2020

Note: Further details including corrigendum, if any, shall be published only on the Bureau’s website.