New Delhi: The Public Enterprises Selection Board (PESB) has invited applications for the position of Chairman and Managing Director (CMD) at Power Finance Corporation Limited (PFC), a Schedule ‘A’ Maharatna CPSE.
Qualifications:
The minimum age for the position is 45 years.
The internal candidates must have at most 2 years of residual service, and external candidates must have at most 3 years of service left.
The applicant should be an Engineering Graduate, Chartered Accountant (CA), Cost Accountant (ICWA), Post Graduate, or a Graduate with an MBA/PGDIM from a recognized university or institution.
Applicants must possess adequate experience at a senior level in a large organization of repute, with a specific track record in corporate management or the relevant functional domain (such as finance, technical, marketing, or operations).
The board welcomes candidates from other CPSEs, SPSEs, private sectors, and joint ventures of the central government, including Group ’A’ central government officers.
Payscale and last date:
The pay scale of the post is around Rs 200000-370000 (IDA)
The last date for the submission of applications is 30 October 2026.
The position vacates on 01 May 2027. All applications should be submitted using the link on the PESB website: https://pesb.gov.in/. Applications sent by email will be rejected.
