Chairman and Managing Director

Chairman and Managing Director

Chairman and Managing Director

No. : 6/8/2021-PESB

New Delhi- 110003

Dated : 23/09/2021

Government Of India Department Of Personnel and Training Public Enterprises Selection Board

Chairman and Managing Director

Name Of The CPSEOil India Ltd.
Name Of The Post Chairman & Managing Director
Date Of Vacancy01/07/2022
Apply online Date02/12/2021
Schedule Of The CPSESchedule A
Scale Of The PostRs. 200000-370000 (IDA)
Official Websitehttps://pesb.gov.in/

I. COMPANY PROFILE

Oil India Limited (OIL) was incorporated in 1959 under Indian Companies Act 1956 as a
partnership venture between Government of India and Burmah Oil Company with the objective to
manage oil fields in Assam. The Company became a Central Public Sector Enterprises in 1981.
Over the years, the operations of the Company have extended to various areas in India and
abroad. It is a Schedule-“A” /Navratna CPSE with the administrative jurisdiction of Ministry of
Petroleum and Natural Gas. The company employed 6190 regular employees (Executive-1669
and Non-excecutive- 4521) as on March 31, 2021.
Its Registered office is at Duliajan, Assam and Corporate office at Noida (U.P.)
The authorized and paid up capital of the Company is Rs.2000 crore and Rs.1084.41 crore
respectively as on March 31, 2021.
The shareholding of the Government of India in the company is 56.66% as on 31.03.2021.

II. JOB DESCRIPTION AND RESPONSIBILITIES

The Chairman and Managing Director is the Chief Executive of the Corporation and accountable to
its Board of Directors and Government. He/she is responsible for the efficient functioning of the
Corporation for achieving its corporate objectives and performance parameters.

III. ELIGIBILITY

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

Age of superannuation 60 years
InternalOthers
MinimumMaximumMinimumMaximum
452 years residual service as on
the date of vacancy w.r.t. the
date of superannuation.
453 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:-
(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 5000 crore or
more;

(d) Private Sector in company where the annual turnover is *Rs 5000 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)
(i) 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.
(ii) 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

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

1. The applicants should submit their applications through proper channel as follows:
(a) Government Officers, including those of the Armed Forces of the Union and All India Services:
through Cadre Controlling authority;
(b) CMDs/MDs/Functional Directors in CPSE: through the concerned Administrative Ministry;
(c) Below Board level in CPSE: through the concerned CPSE;
(d) CMDs/MDs/Functional Directors in State PSE: through the concerned Administrative Secretary
and Cadre Controlling Authority, if any, of the State Government;
(e) Private Sector: directly to the PESB.
2. Applicants from Private Sector must submit the following documents along with the application
form:
(a) 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);
(b) Whether the company is listed or not; if yes, the documentary proof (please provide URL or
attach/enclose copies);
(c) Evidence of working at Board level;
(d) Self-attested copies of documents in support of age and qualifications;
(e) Relevant Jobs handled in the past with details.

How To Check    –    Click Hare6-8-2021-PESB_2 (1)

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