Minerals and Metals Trading Corporation of India Limited
Aug. 28, 2026

PESB CMD AI Assets Holding Ltd Recruitment 2026

Chairman & Managing Director
Vacancies
1 Vacancy
Pay Scale
₹1.8L - ₹3.2L / mo
Age Limit
Minimum 45 years, not exceeding 57 years as on 01-07-2027 (for 'Others' category)

Important Dates

Published

Aug. 20, 2026

2

Starts

Aug. 20, 2026

3

Deadline

Sep. 10, 2026

4

Exam Date

TBA

MA

Minerals and Metals Trading Corporation of India Limited

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Job Analysis

AI-generated insights

Best-Fit Profile

High-calibre, seasoned professionals with extensive experience (5+ years in last 10) in finance, business development, operations, marketing, project management, or corporate law within large, reputable organizations. Candidates with a strong background in asset monetization and financial accounting, holding an Engineering, CA, Cost Accountant, or Post Graduate degree (including MBA/PGDIM), are highly desirable. Ideal applicants should be currently serving in regular capacity roles in CPSEs, Central Government (Group 'A' officers), Public Sector Banks, Financial Institutions, Armed Forces (Major General equivalent), or Board-level positions in SPSEs/Private Companies/JVs/Federations, demonstrating leadership and strategic acumen.

Important Considerations

Those lacking the specified minimum 5 years of relevant experience, or who do not meet the strict age criteria (minimum 45 years, maximum 57-58 years depending on internal/external status as of 01.07.2027) should not apply. Individuals currently in contractual/ad-hoc capacities, or those unable to obtain vigilance clearance/forwarding through proper channels from their current employer (if applicable), will be rejected. Unwillingness to join after interview or offer will result in debarment.

Career Impact

This is a highly prestigious, Board-level leadership role (Chairman & Managing Director) within AI Assets Holding Limited, a Schedule 'B' Central Public Sector Enterprise directly under the Government of India. The position offers significant strategic influence over managing and monetizing national assets, including subsidiaries like AI Airport Services and Hotel Corporation of India. It promises a challenging environment with a 5-year tenure, offering substantial impact on government asset management and considerable professional growth at the pinnacle of public service.

Note: This is a helpful, AI-generated overview designed to save you time. Always refer to the official PDF notification for complete and final details.

Eligibility Criteria

Educational Qualification

The applicant should hold one of the following qualifications from a recognized institute:
  • An Engineering Graduate degree.
  • Chartered Accountant (CA) qualification.
  • Cost Accountant qualification.
  • Any Post Graduate degree.
  • A Graduate degree with an MBA or PGDIM.

Age Limit Details

The age eligibility is calculated with respect to the date of occurrence of vacancy (DOV) on 01.07.2027, with a superannuation age of 60 years. Applicants must be a minimum of 45 years old.
CategoryMinimum AgeMaximum Age (Residual Service)
Internal Candidates45 years58 years (2 years residual service before 60)
Others (External)45 years57 years (3 years residual service before 60)
Check Your Age Eligibility

Salary & Pay Scale

The scale of pay for the post of Chairman & Managing Director is Rs. 180,000 - 320,000 (Industrial Dearness Allowance - IDA).
Applicants from Central Public Sector Enterprises (CPSEs) must be in an eligible scale of pay, with a minimum length of service of one year (internal candidates) or two years (others) as on the date of vacancy. Examples of eligible CPSE pay scales include:
  • Rs. 7250-8250 (IDA) Pre 01/01/1992
  • Rs. 9500-11500 (IDA) Post 01/01/1992
  • Rs. 20,500-26,500 (IDA) Post 01/01/1997
  • Rs. 51300-73000 (IDA) Post 01/01/2007
  • Rs. 120000 - 280000 (IDA) Post 01/01/2017 (E8 Grade)
  • Rs. 18400-22400 (CDA) Pre-revised Post 01.01.1996
  • Rs. 37400-67000 + GP 10000 (CDA) Post 01/01/2006
  • Rs. 144200-218200 (Level 14) (CDA) Post 01/01/2016

Group 'A' officers of the Central Government (including AIS and Autonomous Bodies) must hold a post equivalent to Joint Secretary, Govt. of India, on a substantive basis. Applicants from Public Sector Banks/Financial Institutions should be at Board level for one year. Armed forces applicants should hold a post of Major General or equivalent rank. SPSE/Private Companies/JVs/Federations applicants should be working at Board level positions.

How to Apply

Applicants should submit their applications online through the PESB website, specifically at https://pesb.gov.in/. The process involves filling out the application form online against the Job Description. After an applicant's submission, their respective nodal officer/competent authority must forward the duly verified applications online to PESB, as specified in para V(1) of the notification. Applicants from private companies/JVs/Federations must also submit specific documents along with the application form.

The last date for online application by the applicant is September 10, 2026, by 03:00 PM. Nodal officers/competent authorities must forward online applications by September 21, 2026, by 05:00 PM. Applications received after the stipulated dates, incomplete applications, or those received in physical form/e-mail will be rejected.

Official Links

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