PESB AIAHL CHAIRMAN MANAGING DIRECTOR RECRUITMENT 2026 – TOP PSU POST
The Public Enterprises Selection Board (PESB) invites applications for the post of Chairman & Managing Director (CMD) of AI Assets Holding Limited (AIAHL). Apply online before 10 September 2026.
Are you a senior executive from a CPSE, Central Government, State PSE, or a large private company? This is a prestigious board-level post for the Chairman & Managing Director of AI Assets Holding Limited, a Schedule 'B' CPSE. Candidates must be employed in a regular capacity (not contractual/ad-hoc) and possess at least 5 years of cumulative senior-level experience in Finance, Business Development, Operations, or related fields during the last 10 years. The application window closes on 10 September 2026.
Apply online through the official PESB portal before the deadline.
📑 Table of Contents
- 1. Quick Overview – PESB AIAHL CMD Recruitment 2026
- 2. Visual Timeline – Key Dates & Deadlines
- 3. Eligibility Criteria – Age, Qualification & Experience
- 4. Pay Scale & Appointment Terms
- 5. How to Apply – Step-by-Step Guide
- 6. Critical Warnings – Read Carefully
- 7. Important Links for PESB Recruitment
- 8. Last 3 Published Posts
- 9. Related Government & PSU Updates
- 10. Frequently Asked Questions (FAQs) – Accordion
🔗 Quick Links to Related PSU Updates
Quick Overview – PESB AIAHL CMD Recruitment 2026
| Parameter | Details |
|---|---|
| Conducting Body | Public Enterprises Selection Board (PESB) |
| CPSE Name | AI Assets Holding Limited (AIAHL) |
| Post Name | Chairman & Managing Director (CMD) |
| Schedule of CPSE | Schedule 'B' |
| Pay Scale | ₹180,000 – ₹320,000 (IDA) |
| Vacancy Date | 01 July 2027 (post to be filled) |
| Appointment Tenure | 5 years or until superannuation, whichever is earlier |
| Application Mode | Online via pesb.gov.in |
| Application Deadline | 10 September 2026 (3:00 PM) |
📅 Visual Timeline – Key Dates & Deadlines
🔹 Job Description Uploaded on PESB Website
20 August 2026
PESB publishes the job description for the CMD post of AIAHL.
🟠 Application Period Opens
20 August 2026 – 10 September 2026
Candidates and Nodal Officers have a 30-day window to complete the online application process.
🔴 Last Date for Candidates to Apply Online
10 September 2026 – 3:00 PM
Applications received after this time will be rejected (except for private sector applicants).
🔴 Last Date for Nodal Officers to Forward Applications
21 September 2026 – 5:00 PM
The Cadre Controlling Authority/Competent Authority must forward applications online to PESB.
🎓 Eligibility Criteria – Age, Qualification & Experience
Age Limit
Candidates must meet the age requirements as on the date of vacancy (DOV), which is 01.07.2027. The age of superannuation for this post is 60 years.
| Category | Minimum Age | Maximum Age |
|---|---|---|
| Internal (CPSE) | 45 years | 2 years residual service as on DOV w.r.t. superannuation date |
| Others | 45 years | 3 years residual service as on DOV w.r.t. superannuation date |
Employment Status
The applicant must be employed in a regular capacity (not contractual/ad-hoc) on the date of application as well as the date of interview in one of the following:
- CPSE: Including a full-time functional Director in the Board of a CPSE.
- Central Government: Group 'A' officers including Armed Forces of the Union and All India Services, officers from Public Sector Banks/Financial Institutions/Autonomous Bodies.
- State PSE (SPSE): Where the annual turnover is ₹750 crore or more.
- Private Sector Company/Joint Venture (JV)/Federation: Whose annual turnover is ₹750 crore or more. Preference is given to listed companies for private sector applicants.
Qualification
The applicant must be one of the following:
- Engineering Graduate
- Chartered Accountant (CA)
- Cost Accountant
- Post Graduate
- Graduate with MBA/PGDIM
Experience
The applicant must possess cumulative experience/exposure of at least 5 years during the last 10 years in one or more of the following areas in a large organization of repute:
- Finance
- Business Development
- Production
- Operations
- Marketing
- Project Management
- Corporate Law
Added Advantage: Experience in monetization of assets or Financial Accounting will be an added advantage.
💰 Pay Scale & Appointment Terms
| Source of Applicant | Eligible Pay Scale |
|---|---|
| CPSE (Internal/Others) | ₹120,000 – ₹280,000 (IDA) [E8 Grade] or equivalent |
| Central Government / AIS / Armed Forces | Holding a post of the level of Joint Secretary or equivalent scale |
| Public Sector Banks / Financial Institutions | Board level for one year on the date of application |
| Armed Forces | Major General in the Army or equivalent rank in Navy/Air Force |
| SPSE / Private Companies / JVs / Federations | Working at Board level positions |
Appointment Tenure: The appointment shall be for a period of five years from the date of joining, or up to the date of superannuation, or until further orders, whichever is earlier.
📝 How to Apply – Step-by-Step Guide
Applications must be submitted online only through the PESB website. Please follow the procedure carefully based on your employment category.
Visit the PESB Website
Go to the official portal at https://pesb.gov.in/ and locate the job description for the AIAHL CMD post.
Fill the Online Application Form
Complete the application form online. Provide details on age, qualifications, employment status, and experience.
Upload Documents
Private Company applicants must upload Annual Reports of the last 3 financial years, evidence of Board-level position, and self-attested age/qualification certificates.
Forward Through Proper Channel
Central Government officers must apply through their Cadre Controlling Authority. Private Company candidates can apply directly to PESB.
⚠️ CRITICAL WARNING – READ CAREFULLY
- Strict Deadlines: The application must be submitted online by 10 September 2026 (3:00 PM) for the candidate and 21 September 2026 (5:00 PM) for the Nodal Officer to forward it to PESB [citation:2].
- No Physical Applications: Applications forwarded to PESB in physical form or via e-mail will be rejected. The application must be completed online only.
- Proper Channel Requirement: Applications for Central Government officers, CPSE employees, SPSE employees, and JV/Federation applicants must be routed through the Nodal Officer/Competent Authority. Private Company applicants apply directly [citation:9].
- Vigilance Clearance: Applications of only those applicants who are clear from the vigilance angle will be forwarded. The 13-point vigilance profile prescribed by CVC must be attached [citation:2].
- Undertaking Mandatory: An applicant has to give an undertaking that they will join the post if selected. Failure to do so will result in application rejection [citation:2].
- Debarment Rules: If a candidate conveys unwillingness to join after the interview or after receiving an offer, they will be debarred for two years from being considered for board-level posts in any CPSE [citation:2].
Important Links – PESB AIAHL CMD Recruitment 2026
| Description | Link / Resource |
|---|---|
| PESB Official Website | https://pesb.gov.in/ |
| PESB Contact Address | Secretary, Public Enterprises Selection Board, Block No. 14, CGO Complex, Lodhi Road, New Delhi – 110003 |
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❓ Frequently Asked Questions – Accordion
1. What is the AIAHL CMD post?
It is the Chairman & Managing Director position at AI Assets Holding Limited, a Schedule 'B' Central PSU that manages assets transferred from Air India and its subsidiaries [citation:2].
2. What is the pay scale for this post?
The post carries a pay scale of ₹180,000 – ₹320,000 (IDA) [citation:2].
3. Who can apply for the AIAHL CMD post?
Candidates from CPSEs, Central Government Group 'A' services, All India Services, Armed Forces, Public Sector Banks, State PSEs (turnover ≥ ₹750 crore), Private Companies (turnover ≥ ₹750 crore), and JVs/Federations are eligible to apply [citation:2].
4. What is the minimum experience required?
At least 5 years of cumulative experience during the last 10 years in Finance, Business Development, Production, Operations, Marketing, Project Management, or Corporate Law in a large organization of repute [citation:2].
5. What is the last date to apply?
The last date for candidates is 10 September 2026 (3:00 PM). The Nodal Officer deadline is 21 September 2026 (5:00 PM) [citation:2].
6. What is the tenure of appointment?
The appointment is for 5 years from the date of joining, or up to the date of superannuation, or until further orders, whichever is earlier [citation:2].
7. How do private company candidates apply?
Private Company applicants can apply directly to the PESB via the online portal. They must upload Annual Reports of the last 3 financial years, evidence of board-level position, and self-attested certificates [citation:2].
8. What happens if I decline the offer after selection?
If a candidate conveys unwillingness to join after the interview or after the offer, they will be debarred for two years from being considered for board-level posts in any CPSE [citation:2].
9. What is the age limit for the AIAHL CMD post?
Minimum age is 45 years. Maximum age depends on residual service at the time of vacancy: 2 years for Internal candidates and 3 years for Others, relative to the date of superannuation [citation:2].
10. Where is the AIAHL CMD vacancy scheduled for?
The vacancy is expected to occur on 01 July 2027 following the superannuation of the current CMD, Amit Kumar, on 30 June 2027 [citation:1][citation:4].
📄 Official Sources Used
All facts and dates in this post have been verified against the following official document and authoritative sources:
- PESB Official Advertisement No. 6/16/2026-PESB (Dated 20.08.2026)
- PSU Connect – AI Assets Holding Ltd Invites Applications for CMD Post [citation:2]
Final Words – A Top Leadership Role in Indian PSUs
The AI Assets Holding Limited CMD position is a critical leadership role in the Indian public sector, requiring seasoned executives with a deep understanding of asset management and financial operations. If you are a senior professional meeting the rigorous eligibility criteria, this is a significant career opportunity.
We strongly advise all eligible candidates to review the complete eligibility conditions, prepare their documents, and submit their applications online through the PESB portal before the 10 September deadline. Good luck to all aspirants!