Managing Director (Contractual)

Overview

The ICSI Institute of Insolvency Professionals (ICSI IIP) is inviting applications for the position of Managing Director on a contractual basis. The role involves acting as the Executive Head, overseeing the regulation of insolvency professionals, and ensuring compliance with the Insolvency and Bankruptcy Code, 2016.

Key Eligibility Criteria

• Qualification: Member of ICSI, ICAI, ICMAI, MBA, or Law Graduate from a reputed institute.
• Experience: 20 years in insolvency, banking, finance, corporate laws, or governance, with at least 5 years in a CEO or senior management role.
• Age: Maximum 55 years as of 01.08.2026 (relaxable up to 60 years).
• Nationality: Indian Nationals only.

Responsibilities & Scope

• Executive leadership of ICSI IIP and implementation of strategic decisions.
• Ensuring compliance with the Insolvency & Bankruptcy Code, 2016, and other corporate laws.
• Liaising with the Insolvency and Bankruptcy Board of India (IBBI) and other regulatory bodies.
• Managing disciplinary processes and professional development initiatives for members.

Stipend & Compensation

Consolidated Compensation: Rs. 24 Lacs to Rs. 30 Lacs per annum (approx).

Application Procedure

1. Visit the official application portal: ICSI IIP Recruitment Portal.
2. Ensure all details are filled accurately; incomplete applications will be rejected.
3. Upload a resume file (max 100 KB).
4. Print the online form for your records; do not send hard copies.
5. The deadline for submission is September 5, 2026.

FAQs

• Is this a permanent position? No, it is a contractual engagement for a maximum of 5 years, renewable based on performance and age limits.
• Can I hold a Certificate of Practice (COP) while in this role? No, the incumbent is prohibited from holding a COP or engaging in any other occupation during the tenure.