Managing Director

ONGC Videsh Limited (OVL), a wholly owned subsidiary of ONGC Limited, was incorporated under the Indian Companies Act, 1956 with the objective to undertake international business of Exploration and Production (E&P) of oil and gas. OVL is a schedule – ‘A’/ “Miniratna (Category I)” CPSE in E&P Sector with the Administrative jurisdiction of Ministry of Petroleum & Natural Gas. The company employed 291 regular employees (Executives 280 and Non-Executives 11) as on 31.03.2021.

The authorized and paid up capital of the Company were Rs. 25,000 crores and 15,000 crore respectively as on March 31, 2021.

Its Registered and Corporate office are in Delhi.

I.   JOB DESCRIPTION AND RESPONSIBILITIES:-

Managing Director is the Chief Executive of the company reports to the CMD of the holding Company and accountable to its Board of Directors and Government. He/She is responsible for the efficient functioning of the company for achieving its corporate objectives and performance parameters

II.   ELIGIBILITY:-

1.   AGE : On the date of occurrence of vacancy (DOV)

Age of superannuation 60 years
Internal		Others
Minimum	Maximum	Minimum	Maximum
45	2 years residual service as on the date of vacancy w.r.t. the date of superannuation.	45	3 years residual service as on the date of vacancy w.r.t. the date of superannuation.

2.  EMPLOYMENT STATUS:-

The applicant must, on the date of application, as well as on the date of interview, be employed in a regular capacity – and not in a contractual/ad-hoc capacity – in one of the followings:-

• Central Public Sector Enterprise (CPSE) (including a full-time functional Director in the Board of a CPSE);
• Central Government including the Armed Forces of the Union and All India Services;
• State Public Sector Enterprise (SPSE) where the annual turnover is *Rs 2000 crore or more;
• Private Sector in company where the annual turnover is *Rs 2000 crore or more.

Preference would be given to candidates from listed companies.

(* The average audited annual turnover of three financial years preceding the calendar year in which the post is advertised shall be considered for applying the approved limits)

3.  QUALIFICATION:-

Engineering graduate/ Chartered Accountant/ Cost Accountant/ Graduate with full time MBA/PGDIM from a leading Institute.

4.  EXPERIENCE:-

Applicants should possess adequate experience at a senior level of management in an organization of repute preferably in Petroleum sector.

5.  PAY SCALE:-

(a)   Central Public Sector Enterprises-

Eligible Scale of Pay

(i)     Rs. 8250-9250 (IDA) Pre 01/01/1992

(ii)    Rs. 11500-13500 (IDA) Post 01/01/1992

(iii) Rs. 23750-28550 (IDA) Post 01/01/1997

(iv)  Rs. 62000-80000 (IDA) Post 01/01/2007

(v) Rs. 150000-300000 (IDA) Post 01/01/2017

(vi) Rs. 22400-24500 (CDA) Pre-revised

(vii) Rs. 67000-79000 (CDA) Post 01/01/2006

(viii) Rs. 182200-224100 (Level 15) CDA

The minimum length of service required in the eligible scale will be one year for internal candidates, and two years for others as on the date of vacancy.

(b)

• • Applicants from Central Government / All India Services should be holding a post of the level of Additional Secretary in Government of India or carrying equivalent scale of pay on the date of application.
  • Applicants from the Armed forces of the Union should be holding a post of the level of Lt. General in the Army or equivalent rank in Navy/Air Force on the date of application.

(c)   Applicants from State Public Sector Enterprises/ Private Sector should be working at Board level position on the date of application.

6.   CONDITION OF IMMEDIATE ABSORPTION FOR CENTRAL GOVERNMENT OFFICERS Central Government Officers, including those of the Armed Forces of the Union and the All India Services, will be eligible for consideration only on immediate absorption basis.

IV.  DURATION OF APPOINTMENT:-

The appointment shall be for a period of five years from the date of joining or upto the date of superannuation or until further orders, whichever is earlier.

V.   SUBMISSION OF APPLICATIONS:-

All applicants should submit their applications on-line only as per the format.

1.   The applicants should submit their applications through proper channel as follows:

• Government Officers, including those of the Armed Forces of the Union and All India Services: through Cadre Controlling authority;
• CMDs/MDs/Functional Directors in CPSE: through the concerned Administrative Ministry;
• Below Board level in CPSE: through the concerned CPSE;
• CMDs/MDs/Functional Directors in State PSE: through the concerned Administrative Secretary and Cadre Controlling Authority, if any, of the State Government;
• Private Sector: directly to the PESB.

2.   Applicants from Private Sector must submit the following documents along with the application form:

• Annual Reports of the Company in which currently working for the 3 financial years preceding the calendar year in which the post is advertised (please provide URL or attach/enclose copies);
• Whether the company is listed or not; if yes, the documentary proof (please provide URL or attach/enclose copies);
• Evidence of working at Board level;
• Self-attested copies of documents in support of age and qualifications;
• Relevant Jobs handled in the past with details.

VI.   UNDERTAKING BY THE APPLICANT:-

An applicant has to give an undertaking as a part of the application that he/she will join the post, if selected. If an applicant does not give such undertaking, the application would be rejected.

1.   For candidates from Central Government/Armed Forces of the Union/ All India Services:-

• The appointment is on immediate absorption basis.
• If a candidate conveys his/her unwillingness to join after the interview is held, he/she would be debarred for a period of two years from the date of interview, for being considered for a Board level post in any CPSE.
• Further, if a candidate conveys his/her unwillingness to join after the issue of offer of appointment, he/she would be debarred for a period of two years from the date of offer of appointment for being considered for a Board level post in any CPSE.

2.   For candidates from CPSE:-

• If a candidate conveys his/her unwillingness to join after the interview is held, he/she would be debarred for a period of two years from the date of interview, for being considered for a Board level post in any CPSE other than the one to which the candidate belongs.
• Further, if a candidate conveys his/her unwillingness to join after the issue of offer of appointment, he/she would be debarred for a period of two years from the date of offer of appointment for being considered for a Board level post in any CPSE other than the one to which the candidate belongs.

3.   For candidates from SPSE/ Private Sector:-

1. If a candidate conveys his/her unwillingness to join after the interview is held, he/she would be debarred for a period of two years from the date of interview, for being considered for a Board level post in any CPSE.
2. Further, if a candidate conveys his/her unwillingness to join after the issue of offer of appointment, he/she would be debarred for a period of two years from the date of offer of appointment for being considered for a Board level post in any CPSE.

4.   In the above cases, no request for relaxation or otherwise would be entertained.

VII.   THE APPLICANTS CAN EITHER

• fill up the Application Form online only against this Job Description on the website of PESB –

http://pesb.gov.in/ and thereafter forward it online, as specified in para V(1);

Or

• fill up the Application Form online only against this Job Description on the website of PESB –

http://pesb.gov.in/, take a printout and send it offline, as specified in para V(1).

Last time/date of receipt of complete application duly forwarded to PESB is by 15.00 hours on 02/12/2021. No application shall be entertained under any circumstances after the stipulated time/date. Incomplete applications and applications received after the stipulated time/date shall be REJECTED. Board reserves the right to shortlist applicants for interview.

Applications are to be addressed to

Smt Kimbuong Kipgen

Secretary,

Public Enterprises Selection Board, Public Enterprises Bhawan,

BlockNo. 14, CGO Complex, Lodhi Road, New Delhi-110003.

ALL CORRESPONDENCE WITH THE PUBLIC ENTERPRISES SELECTION BOARD SHOULD BE ADDRESSEDTO SECRETARY, PUBLIC ENTERPRISES SELECTION BOARD ONLY.