PFRDA invite applications for NPS Trust CEO post

Pension regulator PFRDA is scouting for a Chief Executive Officer of its NPS Trust, which manages the assets and funds under the National Pension System (NPS).
As the administrative and functional head, the CEO's role would involve maintaining close liaison with other intermediaries and stakeholders to ensure that prescribed timelines are adhered to by all intermediaries.
Inviting applications, the Pension Fund Regulatory and Development Authority (PFRDA) said the person would be responsible for day-to-day administration and management of the NPS Trust.
The candidate should have a minimum experience of 20 years in financial sector and be in the age group of 40-55 years. The CEO will be appointed on contract or deputation basis and the post would be outside PFRDA.

The CEO will be appointed for a period of five years (3 years in the case of candidates presently serving in government/quasi government, public sector).
The monthly gross emoluments at the beginning of the scale work out to Rs 1,68,262 (without House Allowance) or Rs 2,43,262 (with House Allowance). There are other benefits in addition to monthly emoluments, which include office car, entertainment allowance, and medical allowance.

PFRDA had last appointed Kamal Chaudhry as CEO of the Trust from August 1, 2014.
The Trust is managed by a Board of Trustees appointed by PFRDA.
Presently, 1.30 crore subscribers are registered under various schemes under NPS, with the total Assets Under Management in excess of Rs 1.2 lakh crore.