Last Date for Submission of Application is on 06th November, 2021.
No.of Posts and Vacancies :-
Chairman - 01 Post
Job Location - New Delhi
Education Qualification :
Applications are invited from the eligible candidates for filling up the post of Chairman in Securities and Exchange Board of India (SEB). The Chairman shall have an option to receive pay (a) as admissible to a Secretary to the Government of India; or (b) a consolidated salary of Rs. 4,50,000/- (Rupee four lakh fifty thousand only) per month as recommended by the Seventh Pay Commission and subsequently accepted by the Government vide Resolution dated 25th July 2016.
1. Post Name: Chairman, Securities and Exchange Board of India
2. No. of Post: 01
3. Scale of Pay: as admissible to a Secretary to the Government of India; or (6) a consolidated salary of Rs. 4,50,000/ (Rupee four lakh fifty thousand only) per month as recommended by the Seventh Pay Commission and subsequently accepted by the Government vide Resolution dated 25th July 2016
4. Eligiblity Conditions: A person of ability, integrity and standing who has shown capacity in dealing with problems relating to securities markets or has special knowledge or experience of law, finance, economics, accountancy administration or in any other discipline, which in the opinion of the Central Government shall be useful to the Board. The Chairman should be a person who does not, and will not have any such financial or other interests as are likely to affect prejudicially his functions as the Chairman.
a. 2. Keeping in view the role and importance of SEBIl as a regulator, it is desirable that persons with high integrity, eminence and reputation, preferably above 50 years, with more than 25 years of professional experience may apply along with the following documents:
(i) up-do-date and complete ACRs/APARs in original/attested photocopies of last 5 years
(ii) Integrity Certificate/Vigilance Clearance including certification that no disciplinary proceeding(s) or criminal proceeding (s) are either pending or contemplated aganst the officers concerned.
(iii) Major / minor penalties, if any, imposed on the candidate during the last ten years/No penalty certificate
b. The terms and conditions of service of the Chairman will be regulated by the Securities and Exchange Board of India (Terms and Conditions of Service of Chairman and Members) Rules, 1992, as amended from time to time. The Chairman shall hold office for such period not exceeding 5 years and shall not hold office beyond 65 years of age, whichever is earlier, and will be eligible for re-appointment.
Address
Department of Economic Affairs Ministry of Finance Room No. 71B, North Block New Delhi 110 001
Selection Procedure :
The appointment shall be made by the Central Government on the recommendation of the Financial Sector Regulatory Appointments Search Committee (FSRASC) as provided in the SEBI (Terms and Conditions of Service of the Chairman and Members) Rules, 1992. It may, however, be noted that the FSRASC is free to identify and recommend any other person also, who has not applied for the post, on the basis of merit.
How to Apply :
1. Applications of eligible candidates in the prescribed proforma along with attested copies of Annual Confidential Reports (ACRs)/APARs for the last five years, Vigilance Clearance and No Penalty and Integrity Certificate (in respect of serving Government Servants and employees of PSUs, Academic and Research Institutions Universities, etc.) may be forwarded through proper channel so as to reach the undersigned on or before 6 December, 2021 at the following address Deputy Secretary (RE) Financial Markets Division Department of Economic Affairs Ministry of Finance Room No. 71B, North Block New Delhi 110 001 (email: manish.k78@gov.in, dinesh.bisht@nic.in)
2. Incomplete applications and applications received after the last date shall not be considered.