PESB selects candidates for board level positions in central public sector undertakings
GN Bureau | June 3, 2015
With Make in India taking centre stage in India’s industrial develoment, the central government has invited applications from experienced individuals from government and private sectors for appointment as member of Public Enterprises Selection Board (PESB).
The PESB, constituted by the government for selection and placement of candidates for board level positions in the central PSUs, has a large measure of autonomy. It consists of a part-time or full-time chairperson and three full-time members. At present all posts of members are occupied. The term of a member in PESB is of three years, with the age limit of 65 years.
The department of personnel and training (DoPT), in a notification and an innocuous advertisement in newspapers, said that the applicant should not be less than 55 years of age and should have experience of top management personnel.
The DoPT circular said the applicant should be either working or have worked in the central or state government, with a post equivalent to the secretary at least for one year. And if the applicant is from any central or state public sector undertakings (PSUs) or from private sector, then he/she should have been a chairman and managing director (CMD) or MD for at least two years on a regular basis.
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