The Person shall be a graduate, preferably, with
- Qualification in banking/co-operative banking such as CAIIB / Diploma in Banking and Finance / Diploma in Co-operative Business Management or equivalent qualification; or
- Chartered / Cost Accountant /MBA (Finance; or
- Post graduation in any discipline.
- The person shall not be below the age of 35 years and above the age of 70 years at any time during his/her term in office. However, within the overall limit of 70 years, as part of their internal policy, individual bank’s Boards are free to prescribe a lower retirement age.
- The person shall have a combined experience of at least eight years at the middle / senior management level in the banking sector (including the experience gained in the concerned UCB) or non-banking finance companies in lending (loan companies) and asset financing.
- Knowledge of regional language may be considered as an advantage.
PROPRIETY CRITERIA
The person shall not
- be engaged in any other business or vocation;
- be holding the position of a Member of Parliament or State Legislature or Municipal Corporation or Muncipality or other local bodies;
- be a director of any company other than a company registered under section 8 of the Companies Act, 2013;
- be a partner of any firm which carries on any trade, business or industry;
- have substantial interest in any company or firm as defined in Section 5(ne) read with section 56 of the Banking Regulations Act, 1949;
- be a Director, Manager, Managing Agent, Partner or Proprietor of any trading commercial or industrial concern;
- be of unsound mind and stands so declared by a competent court;
- be an undischarged insolvent;
- be convicted by a criminal court of an offence involving moral turpitude;
- be a Director of any other Co-operative bank or Co-operative Credit Society.
