md & ceo

PNB Housing Finance Ltd. invites applications for the post of Managing Director & Chief Executive Officer (MD & CEO) on full time basis.

PNB Housing Finance Limited (PNB HFL) is India's third largest housing finance company by loan asset, with over 37 years of experience, committed to making home ownership accessible nationwide. Our portfolio spans across retail housing and non-housing loans, delivered through focussed verticals for Prime, Emerging Markets, Affordable segments (Roshni) and construction finance. For details please visit 

The applicants for the post of Managing Director & Chief Executive Officer (MD & CEO), PNB HFL need to have the following attributes:

• Would be a seasoned finance professional with minimum 20 years experience and presently be holding the position of MD & CEO/ CXO/ one level below the Board position in a housing finance/ mortgage company with Asset Under Management (AUM) of more than INR 10000 crore, having grown the housing finance/ mortgage business significantly, while managing risks prudently and maintaining the best asset quality, expenditure control with the best profitability and productivity parameters.
• Should have an excellent understanding of the housing finance/ mortgage sector with efficient dealing with the HFC Regulator, Board of Directors, Investors, Auditors, Customers, business partners, employees and all the Stakeholders.
• Should have a good understanding of technology and housing finance operations, and should have a proven result oriented track record with highest ethical standards.
• Should be a market savvy leader with an entrepreneurial approach and an innovative bent of mind, to drive housing finance/ mortgage business in a closely supervised and regulated ecosystem.
• Would need to fulfil the eligibility requirements under the Companies Act , RBI Directions and SEBI Regulations and need to obtain necessary clearances/ No Objection Certificates (NOC) from requisite authorities, wherever required, before joining the assignment, if selected.

Job profile and competency/skill requirement :

• The Managing Director & Chief Executive Officer (MD & CEO) shall be a member of and simultaneously report to the Board of Directors. The MD & CEO shall be responsible for the overall strategic and operational performance of PNB HFL and the achievements of Growth and Profitability of the Company. The MD & CEO shall be responsible for the day- to-day operations of PNB HFL.
• The MD & CEO's responsibility also extends to the effective management and fulfilment of the company's declared objectives within the framework of the policy laid down by the Board of Directors

Duties & Responsibilities :

1. To implement vision, mission, and values of PNB HFL in consultation with Board of Directors
2. To set strategy and structure for achieving organizational goals and aspirations
3. Effective monitoring and control over operations of PNB HFL
4. To exercise accountability to shareholders and reponsibility towards all the stakeholders
5. To demonstrate leadership skills, building/ nourishing high performance teams, succession planning, driving innovation, etc.
6. To ensure effective Board engagement

Educational Qualifications :-
The candidate should be well qualified holding commensurate degrees from reputed institutions in India/ abroad. CA/ MBA with LL.B/ FRM would be given preference

Age :
The applicant should be in the age group of 47 to 55 years as on 10th September 2025.

Compensation :
The compensation, and perquisites will be market driven and there will be opportunities for wealth creation through ESOPs, which would be performance linked as per mortgage/ housing finance industry standards.

Location :
The position is based in Delhi/ NCR.

Two References :
Two references will be required for doing 360 Degree evaluation of the candidate.

Tenure :
The selected person shall be appointed as MD & CEO for a maximum of two terms not exceeding five years each. However, the tenure shall be discussed and finalised during the interview/ selection process and shall have linkage with the periodic performance review. Other aspects like non-compete, no poaching and gardening period after completing/ leaving this assignment, shall also be discussed and finalised during the interview and selection process.

The applications received as per the aforesaid process and within the given timeline will be considered by the Search Committee, after following the due screening process. The Search Committee will have the discretion to invite competent candidates as per above criteria, who have otherwise not made application in this process. The shortlisted/ identified candidates will be invited for an interaction/ interview in person and/ or through virtual mode. The final selection will be at the sole discretion of the Board of Directors of PNB Housing Finance Limited, subject to regulatory approvals and such decision will be binding on all the applicants.

Application guidelines :
Application Procedure
All applicants are required to apply online only by submitting the details and scanned copies of the relevant documents.The link to be used is : 

1. PLEASE DO NOT SUBMIT MULTIPLE APPLICATIONS. IN CASE OF MULTIPLE APPLICATIONS, THE LAST SUBMITTED APPLICATION WILL ONLY BE CONSIDERED BASED ON THE DATE/TIME OF SUBMISSION. IN SUCH CASES, NO PART OF THE EARLIER SUBMITTED APPLICATIONS INCLUDING UPLOADS SHALL BE CONSIDERED

Documents
The following documents shall mandatorily be uploaded in the online application form under the relevant sections, failing which the application will be treated as incomplete and will be rejected :

1. Application in the format provided in the Form as per Annex 1.
2. Detailed CV/ Profile giving full details/ achivements
3. Candidates serving in Government / quasi Government housing finance company will be required to submit a "No Objection Certificate" from their employer, before joining, if selected.

4. The following documents along with the above mentioned documents in original, may be called for by the Search Committee and as such the same may be kept in readiness.

5. Photo Identity Proof such as Passport/ Aadhaar/ e-Aadhaar Card/ PAN Card/ Driving Licence/ Voter's Card

6. Mark sheets & certificates for educational qualifications
7. Work Experience: Documentary proofs such as Experience Certificates from past and current employment
8. Any other relevant documents in support of eligibility

Action against candidates found guilty of misconduct
Candidates are advised in their own interest that they should not furnish any particulars/ details/ information or make statements that are false, incorrect, tampered, fabricated and should not conceal or suppress any material information while filling up the application form and submitting the attested copies of testimonials. In case it is detected at any time that the candidate has indulged in any of the above-mentioned activities, he/ she will not only be disqualified, but he/ she will also be liable to be dismissed from the services of PNB Housing Finance Ltd. at any time, even after being selected and after joining PNB Housing Finance Ltd.
General eligibility
The appointment of selected candidates may be subject to their being declared medically fit by a doctor or a panel of doctors. Further, the appointment of selected candidates shall be subject to meeting all the other requirements for the position in terms of applicable statutes and guidelines.
General instructions

1. Candidates should satisfy themselves about their eligibility for the position applied for.
2. The selected candidates shall be required to resign/ retire from and be relieved from their current employment before joining the above position.
3. In case of selection, candidates shall be required to produce proper discharge certificate from the employer at the time of taking up the appointment.
4. Candidates are advised in their own interest to fill in the application form and upload the necessary documents as per the application form much before the closing date and not to wait till the last date.
5. PNB HFL does not assume any responsibility for the candidates not being able to submit their applications within the last date on account of any reasons including reasons beyond the control of PNB HFL.
6. Applicants are advised to keep their given e-mail ID active for receiving communications, viz. Call Letters/ Interview date advices, etc.
7. Appointment of selected candidate is subject to the service and conduct rules of PNB HFL in force at the time of joining.
8. Any legal proceedings in respect of any matter of claim or dispute arising out of this advertisement and/ or an application in response thereto can be instituted only in Delhi and courts/ tribunals/ forums at Delhi only shall have sole and exclusive jurisdiction to try any cause/dispute.
9. Discussions held with the shortlisted candidates about the information of the company, compensation offerred, etc. shall not be made public by the candidates and be treated as strictly confidential.

Announcements
All further announcements/ details pertaining to this process will only be published/ provided on our official website  from time to time.
Disclaimer
In case, it is detected at any stage of recruitment that a candidate does not fulfil the eligibility norms and / or that he / she has furnished any incorrect / false information or has suppressed any material fact(s), his /her candidature will stand cancelled. If any of these shortcomings is / are detected even after appointment, his /her services are liable to be terminated. Decisions of PNB HFL in all matters regarding eligibility, and selection procedure would be final and binding on all candidates. No representation or correspondence will be entertained by PNB HFL in this regard.

Chairman
,

Search Committee for MD& CEO of PNB Housing Finance Ltd.