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Required Skills: CA , Managing Director
Required Exp: 11 to 15 years
Address: ICAI Bhawan, 8th Floor, Hostel Block, A-29, Sector-62, NOIDA, UP – 201309
Category: Director/CFO Jobs
Position Managing Director
Qualifications, Age &
• Minimum Graduate with Legal, Management and
Professional qualifications. Preference will be given to
• Not above 55 years of age. May be relaxed up to 60 years in
• Experience: At least 10 years’ experience in senior
management positions, preferably as CXO in the Financial
Services sector, with suitable exposure to regulatory,
monitoring and disciplinary functions.
• The Managing Director is a Member of the Governing Board.
• S/he shall report to the Governing Board of IIIPI and is
expected to develop and institutionalise IIIPI into a vibrant
and premier Insolvency Professional Agency. He is expected
to lead IIIPI in the development of Insolvency profession and
forge a strong relationship with Insolvency and Bankruptcy
Board of India (IBBI), Ministry of Corporate Affairs and other
stakeholders in IP profession.
• He will be required:
i. To act in accordance with the Articles of Association and
Memorandum of Association of the Company for
furtherance of the objectives of IIIPI
ii. To ensure, and be responsible for, the effective
functioning of various committees and departments of
iii. To ensure compliance with the Companies Act, 2013,
Income Tax Act 1961, other relevant statutes and
iv. To ensure compliance with the Insolvency & Bankruptcy
Code and other applicable Rules & Regulations of IBBI
v. To develop the short term and long-term goals of the
Company and prepare an annual plan for achieving these
vi. To promote professional development of Insolvency
Professionals by organizing capacity building programs,
publish professional publications and educational
vii. To bring awareness, provide continuous training, skill
development for Insolvency Professionals
viii. To promote Research and Development in the areas
relevant to development of domestic and international
ix. To handle any other role as required by the Governing
Board or determined by IBBI.
x. The Managing Director shall be an ex-officio member of
Membership Committee, Monitoring Committee,
Grievance Redressal Committee and Disciplinary
Tenure of Service: The appointment of an individual as the Managing Director shall be for a term of
five years. An individual may serve as Managing Director for one more term of up to 5 years subject to
Appointment and removal: The appointment, renewal of appointment and termination of service of
the Managing Director by the Governing Board shall be subject to prior approval of IBBI.
Compensation: The successful incumbent will be entitled to a CTC of Rs. 24-30 lakhs per annum. A
higher start may be considered in the case of an exceptionally qualified candidate.