IBBI Executive Director Recruitment 2024, Salary Up To 1,27,500, Apply Now, Eligibility Criteria

The Insolvency and Bankruptcy Board of India (IBBI) has issued a notification regarding the recruitment of the Executive Director (ED). This position is open only for experienced officers from government bodies, financial institutions, and other organizations.

This article covers detailed information on the application process, eligibility criteria, required documents, salary, and more.

Overview of IBBI Executive Director Recruitment 2024

Here is the overview of IBBI Recruitment Notification:-

Position	Details
Executive Director (ED)	01 Vacancies
Eligibility Criteria	1. Minimum 20 years of experience in Officer Cadre 2. Candidates with an MBA degree with a specialization in law, finance, or economics
Salary	INR 1,20,500 to INR 1,27,500
Experience Required	Minimum 15 years
Application Starts	21-05-2024
Last Date of Application	60 days from the day of notification
Interview Date	Yet to be Announced
Official Website	Click Here

Vacancy Details of IBBI Executive Director Recruitment

The Insolvency and Bankruptcy Board of India (IBBI) currently has only 1 vacancy available for the Executive Director role. However, IBBI has the right to select more candidates or not to fill the vacancy at all.

Eligibility Criteria for IBBI Executive Director Recruitment

You must meet the following eligibility criteria for this recruitment –

• A minimum of 20 years of experience in Officer Cadre, with at least 15 years in Law, Finance, Economics, or Administration, is required.
• Candidates with an MBA degree with a specialization in law, finance, or economics from a recognized university and knowledge of Insolvency or Bankruptcy are preferred.

For Government officers

• Group A officers from All India Service or Central Civil Service with at least 18 Years of experience.
• She/he should have experience in law, finance, or economics and have good knowledge of insolvency or bankruptcy.

What is the Selection Process for the IBBI Executive Director Recruitment?

The selection process for recruiting an Executive Director (ED) involves an interview. IBBI will cover the traveling expenses for all the out-stated candidates.

All the candidates should have this point in their mind that IBBI has the right to raise the minimum standard for qualifications and experience to limit the number of candidates called for the interview.

Things to keep in mind when applying for Executive Director at IBBI

You must consider these things while applying for this recruitment –

Submitting Correct Format

This is the most important point. The Majority of applications are rejected because they are submitted in the wrong format. So, all candidates must ensure that their applications are submitted in the format given in Annexure B.

Attach all the Required Documents

Copies of the last 3 years of Annual Performance, Appraisal Reports, and a Vigilance Clearance must be attached to the application. If any one of the documents is missing then it can lead to the candidate’s application rejection.

Address for Submission

• If you want to submit your application physically, then you should visit the Deputy General Manager(HR), 7^th Floor, Mayur Bhawan, Near Shankar Market, Connaught Circus, New Delhi, 110001
• If you want to submit your application via email, then here is the email address: [email protected]

What are the Job Responsibilities of an IBBI Executive Director?

The Executive Director(ED) is responsible for various operations in the IBBI, including Law, Finance, and policy formation related to Insolvency or Bankruptcy.

This role requires strong decision-making skills and quick strategy planning to ensure that the Insolvency and Bankruptcy Code, 2016 is implemented successfully.

What is the salary of the Executive Director at IBBI?

The salary of the Executive Director at IBBI ranges between INR 1,20,500 to INR 1,27,500 with increments.

Along with the salary, the executive director receives many benefits and allowances, such as a House Allowance, Transport, Leave Fare, and Medical Benefits.

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Conclusion

In the end, I would just like to say that the Insolvency and Bankruptcy Board of India (IBBI) ‘s recruitment of an executive director (ED) is a great opportunity for Officers who want to elevate their careers.

If you keep the above points in mind, your chances of selection will improve greatly.

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