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Date : Aug 14, 2020
Appointment of Director, National Institute of Bank Management (NIBM), Pune

Introduction

National Institute of Bank Management (NIBM), Pune was established in 1969 by the Reserve Bank of India, in consultation with the Government of India, as an autonomous apex institution, with the mandate of playing a proactive role of “think-tank” of the banking system. NIBM is recognized by the University of Pune as an approved center for Post-Graduate Research and also as a Scientific and Industrial Research Organisation (SIRO) by the Department of Scientific and Industrial Research, Ministry of Science & Technology, Government of India.

Apart from being a leading training and certification provider to banks, financial institutions and government organisations in India and abroad, NIBM offers an AICTE approved Post Graduate Diploma in Management (Banking & Financial Services), as its flagship program, which is much in demand in the banking industry.

Position

The Institute seeks to appoint a Director who shall be the chief executive officer of the Institute. The Director will report to the Governing Board and work under its guidance.

Role

The Director shall provide leadership and inspiration to the faculty and staff and exercise general supervision and control over the affairs of the Institute in compliance with relevant statutory and regulatory requirements.

Expectations

The Director is expected to fulfill the Institute’s mandate while keeping in view the rapidly changing banking / financial technology environment in India and abroad. A major expectation from the Director will be to lead NIBM to make it a top-level national institute for world-class capacity development for banking and financial services industry. S/he shall take the digital learning initiatives of NIBM forward and mainstream the same.

The Director shall also be expected to broaden and diversify the participation level and attain financial self-sufficiency within the public good nature of the Institute.

Qualifications

Basic qualification required is Post-Graduation. Additional weightage shall be given for MBA/PhD. A seasoned banker or an accomplished academician-administrator will be an ideal candidate.

Experience

The applicant should currently be or have earlier served in a position not below the rank of CGM in commercial banks/regulatory body/all-India financial institution or the rank of a Professor in a reputed educational institution. The applicant should preferably be less than 60 years of age on the last date of receipt of the applications.

Pay

Currently, the post carries a pay of Rs.2,25,000/- per month, plus DA as per Central Government rules. The Director is also eligible for fully furnished accommodation inside the campus. In addition, the incumbent will be eligible to retain 30% of earnings from consulting work done by her/him.

Tenure

The Director’s appointment will be on a tenure basis for a period of three years, extendable up to five years or till maximum age of 65 years, whichever is earlier.

Submission of application and last date

Applications together with a detailed curriculum vitae (in the format enclosed) may be emailed or mailed to the NIBM Search Committee 2020 C/o Corporate Strategy & Budget Department, Central Office, Reserve Bank of India, Main Building, 2nd floor, Shahid Bhagat Singh Road, Mumbai 400001 by 5.30 p.m.(IST) on September 06, 2020

The Search Committee also has the right to fill up the vacancy by invitation. Persons of eminence are welcome to propose names to the Search Committee.

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