Prepare your CV for ONGC chairman post once again
It’s yesterday once more at the Public Enterprises Selection Board in Delhi where the process to select the next CMD at ONGC has started once again.
PETROWATCH learns that on 5th March, oil ministry joint secretary Prabh Das sent the all-important letter to PESB chairman NK Sinha asking him to re-start the selection process to find someone to replace temporary chairman RS Sharma. Then, two days later on 7th March, the PESB formally advertised the post in 30 leading newspapers across India and also wrote to oil secretary MS Srinivasan.
In its letter to Srinivasan, the PESB asks the oil ministry to forward the names of “willing and eligible†candidates within 30 days of advertising the post, i.e.
by 6th April. Closer scrutiny reveals that anyone applying won’t be doing it for the monthly salary, equivalent to one night’s stay in a five star hotel.
In India the job of CMD at ONGC is a â€کScale A’ job and the salary offered is between Rs27,750 ($628) per month to Rs31,500 ($713). Candidates who send in their CVs should be aged at least 45 and not above 57 at the time of applying.
But candidates from ONGC can apply even if they are 58. Candidates already working in the public sector should have been on a â€کScale A’ grade for at least one year at the time of applying.
This means they should be holding a director level position, at the very least. External (private sector) candidates should have worked in the same grade for two years.
Government officers of additional secretary rank, just short of being a full secretary, can also apply. Interestingly, the PESB’s letter to Srinivasan states that the position became vacant on 6th February this year, not 24th May last year when Subir Raha was denied an extension and RS Sharma took charge as â€کacting’ CMD.