Date : 2008-03-01

Title : G.M. PP Fund

Price :

Description :

G.M. PP Fund

Appointment of General Manager

Punjab Pension Fund

Government of the Punjab

Finance Department

Government of Punjab through Punjab Pension Fund Act 2007 has established the Punjab Pension Fund (PPF), the PPF will be responsible for the secure and profitable management of pension funds on the financial and money markets. It is expected to be operationally by end 2008.

Government of Punjab is seeking a suitable qualified candidates will appropriate experience for the post of General Manager, to act as chief executive officer reporting to the Management committee of the PPF.

Qualification

The qualification for the General Manager shall be:

• At least twelve years experience of management including at least three

•  years experience of investment banking, treasury operations, finance, asset management fund, management, or unit trust management,

• A sixteen years degree or higher:

• A proven ability to organize the fund management division:

• Demonstrable skills in leadership, administrative, communication and financial management.

• Ability to translate, policy, guidelines into operational business strategies, and deliver results consistent with objectives of PPF.

Responsibilities

The General Manager.

• As chief executive officer, exercise overall responsibility for all operational , financial and administratitive decisions.

• Formulate, establish and implement business plans, and set clear operational targets, using all the financial and human resources necessary to accomplish the task;

• Delegate tasks to senior managers and create a work culture that encourages initiative & productivity.

• Prepare valuation's and commentaries and periodical reports and on the investments made by the Fund and report thereon to the Management Committee.

• Arrange for meetings of all relevant employees of the Fund including the Compliance Officer to review the investment activities and status of the fund.

Terms: The General manager shall hold the office for an initial term of three years, renewable for such further terms, subject to a favorable assessment, of performance.

Compensation: Negotiable marked based salary and other benefits will be offered commensurate with qualifications and experience.

Applications should reach the under signed not later then 15 days of the publication of his notice.

For further details Punjab pension Fund Act 2007 and Punjab pension Fund rules may be seen on www.punjab.gov.pk/financial

SOHAIL AHMAD

Secretary Finance, Government of Punjab and Member Punjab  Pension Fund