📋 Complete Advertisement & Guidelines
Chairman & Managing Director
The Public Enterprises Selection Board (PESB), Government of India, invites applications for the post of Chairman & Managing Director of AI Assets Holding Limited (AIAHL), a Schedule 'B' CPSE. The position is for a five-year tenure. Candidates with Engineering, CA, Cost Accountancy, MBA, or other relevant qualifications and significant experience in large organizations are eligible. Applications must be submitted online through the PESB website. The last date for forwarding applications by the nodal officer is 21 September 2026.
| Particular | Details |
|---|---|
| Organization | AI Assets Holding Limited (AIAHL) |
| Post Name | Chairman & Managing Director |
| Total Vacancies | 1 |
| Application Mode | Online (Through PESB Website) |
| Last Date for Applicant (Online) | 10 September 2026 (3:00 PM) |
| Last Date for Nodal Officer (Forwarding) | 21 September 2026 (5:00 PM) |
| Job Type | Regular (Five-year tenure) |
| Job Location | New Delhi |
| Official Website | pesb.gov.in |
Employment Type:FULL_TIME
Number of Vacancies:1
📋 Post-wise Vacancy & Eligibility
| Post Name | Vacancies | Eligibility & Experience | Age | Pay Scale |
|---|---|---|---|---|
| Chairman & Managing Director | 1 | Engineering Graduate / CA / Cost Accountant / PG / Graduate with MBA/PGDIM from a recognized institute. Experience: 5 years in last 10 years in Finance, Business Development, Production, Operations, Marketing, Project Management, or Corporate Law in a large organization. OR 5 years in HR/IR/Personnel Management + 3 years in the above areas. Experience in asset monetization/Financial Accounting is an added advantage. | Min: 45 Years Max: 2-3 years residual service (as on date of vacancy) | ₹1,80,000 - ₹3,20,000 (IDA) |
Application Fee: No application fee is mentioned for any category.
Employment Status: Applicants must be employed in a regular capacity (not contractual/ad-hoc) in CPSE, Central/State Government, SPSE (turnover > ₹750 crore), or Private Sector/JV/Federation (turnover > ₹750 crore).
🎯 Selection Process
- Shortlisting by the Public Enterprises Selection Board (PESB) based on eligibility and experience.
- Interview of shortlisted candidates.
- Applicants must submit applications online through the PESB website.
📝 How to Apply Step-by-Step
Candidates must apply online through the PESB website. Follow these steps:
- Visit Website: Go to the PESB website: pesb.gov.in.
- Register & Apply: Fill up the Application Form online only against this Job Description.
- Forward Application: The application must be forwarded through the proper channel (Nodal Officer/Competent Authority) as specified in the notification.
- Upload Documents: Applicants from Private Companies/JVs/Federations must upload Annual Reports (last 3 years), documentary proof of listed company (if applicable), evidence of working at Board level, and self-attested copies of age and qualification documents.
- Meet Deadlines:
- Applicant's Last Date: 10 September 2026 (3:00 PM) for online submission.
- Nodal Officer's Last Date: 21 September 2026 (5:00 PM) for forwarding applications to PESB.
Important: Only applications received through the online system shall be considered. Applications forwarded in physical form or through e-mail shall be rejected.
📅 Important Dates
| Event | Date |
|---|---|
| Notification Date | 20 August 2026 |
| Last Date for Applicant (Online) | 10 September 2026 (3:00 PM) |
| Last Date for Nodal Officer (Forwarding) | 21 September 2026 (5:00 PM) |
| Date of Vacancy | 01 July 2027 |
🔗 Important Official Links
Official Website (PESB): https://pesb.gov.in
Official Notification (PDF): Download Official Notification
Key Instructions for Candidates
- Online Application Only: Apply through the PESB website. No physical or email applications will be accepted.
- Eligibility Check: Ensure you meet the age, qualification, employment status, and experience criteria.
- Forwarding through Proper Channel: Applications must be forwarded by the competent authority/nodal officer. Private sector candidates can apply directly.
- Vigilance Clearance: Candidates from Government/PSUs must be clear from a vigilance angle. Vigilance profile (13-point proforma) is required.
- Undertaking: An undertaking to join if selected is mandatory. Non-compliance may lead to debarment.
- No Application Fee: No fee is mentioned for any category.
- Check Official Sources: Regularly visit the PESB website for any updates.