Chairman & Managing Director at MECON Limited 2026
Quick Info
- Vacancies
- Vacancies: 1
- Employment Type
- Employment Type: Full Time
- Pay Scale
- Pay Scale: ₹200,000 - ₹370,000 per month
- Qualification
- Qualification: Engineering Graduate or Chartered Accountant or Cost Accountant or Post Graduate or Graduate with MBA/ PGDIM from a recognized institute. Preference would be given to Engineering Graduates.
- Experience Required
- Experience Required: The applicant should possess cumulative experience/exposure for at least 5 years during the last 10 years in Finance, Business Development, Production, Operations, Marketing, or Project Management in a large organization of repute. Experience in design, contract & construction, engineering or tech consultancy services, and execution of greenfield and brownfield projects in the steel and allied sector is an added advantage.
- Age Limit
- Age Limit: Between 45 to 58 years
- Application Mode
- Application Mode: Apply Online
- Deadline
- Deadline:
MECON Limited, under the Public Enterprises Selection Board (PESB), is executing a recruitment drive for the position of Chairman & Managing Director (CMD) for its corporate headquarters in Ranchi, Jharkhand. This top-tier executive leadership opportunity is ideal for seasoned engineering, financial, or management professionals aiming to steer a premier Mini-ratna Central Public Sector Enterprise specializing in metallurgy, oil & gas, and infrastructure. Eligible applicants from CPSEs, Central Government Group 'A' Services, State PSEs, and qualified Private Sector companies with high turnovers are encouraged to review the official notification and apply before the specified deadline.
- Excellent executive leadership opening at Ranchi for a Schedule 'A' Mini-ratna CPSE under the Ministry of Steel.
- Requires an Engineering Graduate, Chartered Accountant, Cost Accountant, or PG/Graduate with MBA/PGDIM.
- Eligible candidates should possess significant senior-level experience in project management, finance, or operations.
- Applications must be submitted online through the official PESB website by 3:00 PM on October 1, 2026.
- The role offers a substantial IDA scale pay of Rs. 2,00,000 to Rs. 3,70,000 along with other key executive perks.
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Additional Salary Information
Pay Level 15 in IDA Pay Matrix (₹2,00,000–₹3,70,000) plus applicable allowances.
Important Dates
Selection Process
Initial shortlisting based on minimum eligibility (age, qualification, employment status, experience, and pay scale requirements).
Personal Interview conducted by the Public Enterprises Selection Board (PESB).
Application Fees
No application fee is mentioned in the official vacancy notification.
Reservation
Reservation guidelines follow the standard rules prescribed by the Government of India for Central Public Sector Enterprises (CPSEs).
How to Apply
- Fill up the application form online only against this Job Description on the website of PESB at https://pesb.gov.in/ Submit the online application by 03:00 PM on 01.10.2026.
- For proper channel applications, ensure your Nodal Officer or Competent Authority forwards it online by 05:00 PM on 12.10.2026.
Frequently Asked Questions
The pay scale for the Chairman & Managing Director position at MECON Limited is ₹2,00,000 to ₹3,70,000 (IDA).
Applicants must hold an Engineering Graduate degree, or be a Chartered Accountant, Cost Accountant, or a Post Graduate/Graduate with an MBA/PGDIM from a recognized institute. Preference will be given to Engineering Graduates.
The minimum age to apply is 45 years. The maximum age is 58 years for internal candidates (2 years residual service) and 57 years for others (3 years residual service) as of the vacancy date, considering a superannuation age of 60.