RBI Accepting Application for CEO Post of NCFE

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Reserve Bank of India (RBI) is accepting application for the post of CEO of NCFE (National Center of Financial Education). It is an institution set up in collaboration with other financial regulators. NCFE is a joint initiative of all financial sector regulators – RBI, Sebi, Irdai and Pfrda – for the implementation of the National Strategy for Financial Education (NSFE).

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The process of incorporation of NCFE as a section (8) company has commenced. Applications are invited for the post of CEO, NCFE, RBI said in a release today. The CEO is expected to provide administrative, operational and strategic leadership to the NCFE under the overall guidance of its board of directors, it said. “The CEO should have the vision and ability to transform NCFE into an institution of national importance,” RBI said.


The CEO should have the vision and ability to transform NCFE into an institution of national importance. He/ She will exercise general supervision and control over the day-to-day affairs of the institute and implement the decisions of its Governing Board. The requirements for the position are exceptional leadership qualities, institution building skills and the ability to find innovative solutions, apart from networking with local institutions, government and development agencies. He/ She should also have the ability to enthuse, inspire and motivate the staff. The CEO would be posted in Mumbai.


The total remuneration payable to the CEO shall be Rs. 45,00,000 per annum Cost to Company (CTC).


The candidate should have a Master’s degree or equivalent (such as Post Graduate Diploma in Management), with minimum 55% marks, in any discipline from a recognised university or professional degree such as CA/CS/ICWAI. A Mphil/PhD degree in relevant field is desirable. Publication of research papers would be an added advantage. Post qualification experience of at least 20 years in financial sector/ industry/ research/ teaching/ education/ training.

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Candidates, who are in service of Govt./ Quasi-Govt. Organisations/ Public Sector Undertakings and applying for the post of CEO on contract basis, shall produce a “No Objection Certificate” (NOC) from their employer, at the time of interaction and a proper discharge certificate before appointment. Candidates are required to apply online from July 10 to July 31, 2018. Applications in hard copy will not be accepted. No applications shall be accepted after the due date i.e. July 31, 2018.

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