Applications are invited for post of Managing Director at IMPCL

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IMPCL is a Central Government PSU and Miniratna Company under the administrative control of Ministry of AYUSH, incorporated in July, 1978 and is involved in production and marketing of authentic, standard Ayurvedic and Unani Medicines, dietetics and herbal products. Its Registered Office and Corporate Offices are at Mohan, District Almora (Uttarakhand).The Company has its production units at Mohan and Haridwar It is also in process of setting up of a processing unit in North Eastern Region of the Country in coordination with M/o DoNER.

The post of Managing Director, IMPCL has been exempted from the rule of immediate absorption for a period of 5 years with the concurrence of the Department of Public Enterprises(DPE) and approval of the Appointments Committee of Cabinet (ACC).

Post : Managing Director

Applications are invited for filling up the post of Managing Director, Indian Medicines Pharmaceutical Corporation Limited (IMPCL), a schedule “D” CPSE for a period of 5 years from the date of assumption of charge of the post, or until further orders, whichever is earlier.

Scale of the Post : Rs. 51,300-73,000/-(Pre-revised). Rs. 1,20,000 - 2,80,000/- w.e.f. 171/2017 is under revision.

Job Description and Responsibilities:
The Managing Director Is The Chief Executive Of The Corporation And Accountable To Its Board Of Directors And To Government Of India/Shareholders. He Is Responsible For The Efficient Functioning Of The Corporation And For Achieving Its Corporate Objectives And Performance Parameters.

Age : on the “Date of occurrence of vacancy”
Age of superannuation 60 years
Minimum : 40 years
Maximum : 2 years of residual service as on the date of vacancy w.r.t the date of superannuation
Minimum : 40 years
Maximum : 3 years of residual service as on the date of vacancy w.r.t the date of superannuation

Employment status of the applicants :
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
(a) Central Public Sector Enterprise (CPSE) (including a full-time functional Director in the Board of a CPSE);
(b) Central Government including the Armed Forces of the Union and All India Services;
(c) State Public Sector Enterprise (SPSE) where the annual turnover is *Rs.250 crores or more;
(d) Private Sector in company where the annual turnover is *Rs.250 crores or more.
(* 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).”

Qualifications :
i) The Applicant Should Be A Graduate With Good Academic Record From A Recognized University / Institute.
ii) Applicants Holding Technical / Mba / Pgdm Qualification Will Have Added Advantage.

i) The Applicant Should Possess Adequate Experience At A Senior Level Of Management In An Organization Of Repute.
ii) Experience In Finance / Marketing / Production Will Have Added Advantage.
iii) Experience In The Field Of Pharmaceutical Industry Is Desirable

Method of Recruitment
The post will be filled on deputation basis through the Search-cum-Selection Committee (SCSC).

Duration of Appointment
The appointment shall be for a period of five (05) years from the date of joining or upto the date of superannuation or until further orders, whichever is earlier.

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