ICSI IIP Managing Director Recruitment 2026
Applications invited for 1 Managing Director position on contractual basis at the corporate office of ICSI Institute of Insolvency Professionals, Noida.
This is a contractual Managing Director position. It is not a permanent government appointment and does not confer a right to regular appointment.
ICSI IIP reserves the right to call suitable candidates for written test, interview only, or both. Therefore, this recruitment should not be described as “interview only.”
🔎 ICSI IIP Managing Director Recruitment 2026 – Overview
The ICSI Institute of Insolvency Professionals (ICSI IIP) has issued a career advertisement inviting applications for the position of Managing Director on contractual basis.
ICSI IIP is registered with the Insolvency and Bankruptcy Board of India (IBBI) and is promoted by the Institute of Company Secretaries of India (ICSI).
The advertised position is based at the organisation's corporate office in Noida, Uttar Pradesh.
According to the official advertisement, the vacancy is for 01 Managing Director, with consolidated compensation of approximately ₹24 lakh to ₹30 lakh per annum.
📌 ICSI IIP Managing Director Job Details
| Particular | Details |
|---|---|
| Organization | ICSI Institute of Insolvency Professionals (ICSI IIP) |
| Post | Managing Director |
| Employment Type | Contractual |
| Vacancy | 01 |
| Compensation | ₹24 lakh to ₹30 lakh per annum approximately |
| Maximum Age | 55 years as on 01 August 2026 |
| Age Relaxation | Up to 60 years by Governing Board of ICSI IIP |
| Place of Posting | Noida, Uttar Pradesh |
| Application Mode | Online |
| Application Start | 15 August 2026 |
| Last Date | 05 September 2026 |
👤 Vacancy Details
| Post | Employment Basis | Vacancies | Location |
|---|---|---|---|
| Managing Director | Contractual | 01 | Noida |
🎓 Educational Qualification
Candidates should possess any one of the following qualifications:
- Member of the Institute of Company Secretaries of India (ICSI).
- Member of the Institute of Chartered Accountants of India (ICAI).
- Member of the Institute of Cost Accountants of India.
- MBA from a reputed institute.
- Law Graduate from a reputed institute.
Preference will be given to candidates who are Company Secretaries and Insolvency Professionals.
💼 Experience Required
The post requires substantial senior-level professional experience.
- Minimum 20 years' experience in areas such as: insolvency, banking, finance, corporate laws, insurance, corporate governance or securities laws.
- The experience should preferably be with a regulatory body, self-regulatory body or reputed organisation.
- The experience must include at least 5 years in a CEO or next-to-CEO position or at Senior Management position.
- Exposure to regulatory, monitoring and disciplinary functions is preferred.
🎂 Age Limit
| Particular | Age |
|---|---|
| Maximum age | 55 years as on 01 August 2026 |
| Relaxation | Relaxable up to 60 years by the Governing Board of ICSI IIP |
💰 Salary & Compensation
The official advertisement describes this as consolidated compensation.
The approximate annual compensation corresponds to an average of roughly ₹2 lakh to ₹2.5 lakh per month before considering the exact contractual terms and any applicable deductions.
This should not be interpreted as a government Pay Matrix salary. The advertisement specifically describes the engagement as contractual with consolidated compensation.
📅 Contract Period & Renewal
The initial tenure for the Managing Director position is for a maximum of 5 years on contractual basis.
ICSI IIP has an option to renew the engagement for a further period of up to 5 years or until the incumbent reaches 65 years of age, whichever is earlier.
Renewal is not an automatic right. The advertisement says that renewal is an option with ICSI IIP and remains subject to the applicable approval and contractual conditions.
🏢 Is This a Permanent Government Job?
No.
The Managing Director engagement is explicitly described as purely contractual.
The official advertisement states that the engagement shall not confer any right for regular appointment.
Candidates should therefore evaluate this opportunity as a senior contractual leadership position rather than a permanent government-service appointment.
🎁 Career Benefits & Professional Exposure
Although the advertisement does not provide a conventional government employee benefits table or a guaranteed promotion ladder, the role offers substantial senior-management and regulatory exposure.
- Opportunity to serve as the Executive Head of ICSI IIP.
- Strategic involvement in the development of the insolvency profession.
- Interaction with IBBI and other regulatory authorities.
- Exposure to regulatory, monitoring and disciplinary functions.
- Leadership responsibility across ICSI IIP committees and departments.
- Opportunity to work with insolvency professionals and other stakeholders.
- Strategic planning and organisational development responsibilities.
Because this is a contractual Managing Director appointment, the advertisement does not provide a conventional promotion hierarchy. Therefore, no guaranteed promotion designation or promotion timeline is claimed in this article.
🧭 Managing Director – Major Responsibilities
The Managing Director will function as the Executive Head of ICSI IIP and will be responsible for the organisation's overall functioning.
- Perform functions assigned under the Insolvency and Bankruptcy Code, rules, regulations and guidelines.
- Work in accordance with the Memorandum and Articles of Association of ICSI IIP.
- Ensure effective functioning of committees and departments.
- Ensure compliance with applicable laws including the IBC and Companies Act.
- Promote professional development through training programmes, workshops, seminars, webinars and knowledge initiatives.
- Liaise with IBBI and other regulatory authorities.
- Coordinate with other Insolvency Professional Agencies for policy matters.
- Participate in strategic decisions of the company and ensure implementation.
- Ensure appropriate systems and controls are established.
- Identify revenue models for sustainability and development of the company.
- Strengthen relationships with regulators, adjudicating authorities, insolvency professionals and other stakeholders.
- Ensure effective functioning of the disciplinary process.
🧠 Skills & Professional Competencies
- Strong knowledge of the Insolvency & Bankruptcy Code, 2016.
- Experience in oversight, monitoring and disciplining professionals.
- Strong integrity and professional competence.
- Leadership and team-management ability.
- Strong interpersonal and communication skills.
- Effective drafting and communication ability.
- Strategic planning and execution capability.
- Ability to liaise with regulators, ministries and judicial authorities.
- Proficiency in computer applications.
📍 Place of Posting
The position is based at the corporate office of ICSI IIP, ICSI House, C-36, Third Floor, Sector-62, Noida – 201309.
📅 Important Dates
| Event | Date |
|---|---|
| Online application opens | 15 August 2026 |
| Cut-off date for age, qualification & experience | 01 August 2026 |
| Last date to apply online | 05 September 2026 |
| Written Test / Interview | To be communicated by ICSI IIP |
🏆 ICSI IIP Managing Director Selection Process
Candidates should not assume that every eligible applicant will be called directly for interview.
Step 1 – Online Application
Candidates submit the electronic application/resume form before the closing date.
Step 2 – Eligibility Screening
ICSI IIP will examine qualifications, experience and suitability against the advertised requirements.
Step 3 – Shortlisting
Mere fulfillment of eligibility criteria does not guarantee a call for the next stage. ICSI IIP may restrict the number of candidates called.
Step 4 – Written Test and/or Interview
The organisation reserves the right to call suitable candidates for written test, interview only, or both.
Step 5 – Interview
Candidates who are called for interview must produce original documents for verification.
Step 6 – Final Selection
The final decision regarding eligibility, shortlisting, interview and selection rests with ICSI IIP in accordance with the advertisement.
There is no basis for stating that this is “direct interview only.” The official advertisement expressly reserves the right to use written test, interview only, or both.
📝 How to Apply Online – Step-by-Step
Step 1 – Read the Advertisement
Read the official ICSI IIP Managing Director advertisement completely before beginning the application.
Step 2 – Check Eligibility
Verify that you meet the qualification, 20-year experience, senior-management experience and age requirements.
Step 3 – Prepare Your Resume
Prepare an updated professional resume highlighting leadership experience, regulatory exposure, insolvency, finance, corporate law and other relevant senior-management responsibilities.
Step 4 – Open the Official Application Portal
Use the online recruitment link supplied by ICSI IIP:
https://stimulate.icsi.edu/RECRUITMENT/IndexHome/IndexHome
Step 5 – Complete the Online Resume Form
Enter your personal, educational and professional information carefully. Ensure that qualification and experience details are complete and accurate.
Step 6 – Upload Your Resume
The advertisement states that the uploaded resume file should not exceed 100 KB.
Step 7 – Check the Form Carefully
The advertisement contains specific instructions regarding the entry of special characters and minimum words/characters in certain fields. Follow the portal instructions carefully.
Step 8 – Submit the Application
Submit the completed electronic application before 05 September 2026.
Step 9 – Print the Submitted Form
Take a printout of the online form and retain it for future reference. Candidates are specifically instructed not to send a hard copy of the application, CV or certificates to ICSI IIP.
Step 10 – Prepare for Shortlisting / Interview
Keep original certificates and supporting documents ready. Candidates called for interview will be required to produce originals for verification.
📂 Required Documents Checklist
🏢 NOC Requirement
Candidates working with a Central Government, State Government, Autonomous/Statutory Body or PSU are required to produce a No Objection Certificate (NOC) from their present employer for verification at the time of interview.
Candidates without the required NOC will not be allowed to appear for the interview where the NOC requirement applies.
💳 Application Fee
The supplied official advertisement does not specify an application fee amount or an SC/ST/Women exemption.
Therefore, this article does not claim that an application fee of ₹500 is payable or that any category is exempt.
Candidates should follow the official application portal for any payment instructions displayed during submission.
⚠️ Important Instructions
- Only Indian Nationals need to apply.
- The engagement is purely contractual.
- The contractual appointment does not confer a right to regular appointment.
- During the tenure, the incumbent cannot hold a Certificate of Practice or engage in another occupation.
- Appointment, renewal and termination are subject to prior approval of IBBI.
- Mere eligibility does not guarantee shortlisting or interview.
- ICSI IIP may raise eligibility standards or restrict the number of candidates called.
- ICSI IIP may increase/decrease vacancies, not fill the post or cancel the recruitment process.
- The organisation may offer/appoint a candidate at a lower post/level than the advertised post/level.
- Canvassing in any form may result in disqualification.
🚨 Recruitment Fraud Warning
Employment News Alerts is not an agent of ICSI IIP and does not guarantee recruitment, shortlisting, interview or appointment.
Never pay an individual who claims that they can guarantee selection.
Do not share OTPs, passwords, banking PINs or sensitive financial information with unknown persons claiming to represent ICSI IIP.
Verify important recruitment information using the official ICSI IIP website and official application portal.
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Follow Employment News Alerts for recruitment updates, application guidance, important deadlines and government/private-sector career alerts.
🔗 Important Official Links
☎️ Official Recruitment Contact
| Contact | Details |
|---|---|
| Office | HR, ICSI Institute of Insolvency Professionals |
| Address | ICSI House, 3rd Floor, C-36, Sector 62, Noida – 201309 |
| Telephone | +91 120 - 408 2264 |
| hr@icsiiip.in |
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❓ Frequently Asked Questions
1. What is the last date to apply for ICSI IIP Managing Director Recruitment 2026?
The last date for submitting the online application is 05 September 2026.
2. How many Managing Director vacancies are available?
ICSI IIP has advertised 1 Managing Director vacancy.
3. What is the educational qualification?
Candidates should be a member of ICSI, ICAI or the Institute of Cost Accountants of India, or possess an MBA or Law degree from a reputed institute.
4. How much experience is required?
The advertisement requires 20 years of relevant experience, including at least 5 years in a CEO, next-to-CEO or Senior Management position.
5. What is the salary of the Managing Director?
The consolidated compensation is approximately ₹24 lakh to ₹30 lakh per annum.
6. Is this a permanent government job?
No. The engagement is purely contractual and does not confer a right to regular appointment.
7. What is the maximum age limit?
The maximum age is 55 years as on 01 August 2026. It may be relaxed up to 60 years by the Governing Board of ICSI IIP.
8. Where is the Managing Director position posted?
The place of posting is Noida, Uttar Pradesh, at the corporate office of ICSI IIP.
9. Is the selection interview only?
Not necessarily. ICSI IIP reserves the right to call candidates for a written test, interview only, or both.
10. How can candidates apply?
Candidates must apply through the electronic online application form provided by ICSI IIP before 05 September 2026.
⚖️ Disclaimer
Employment News Alerts is not the official website of ICSI Institute of Insolvency Professionals (ICSI IIP), ICSI or IBBI.
This article is an independently prepared informational summary of the official recruitment advertisement. It is intended to make the recruitment information easier for candidates to understand.
The official ICSI IIP advertisement, official website and official application portal are the final authorities regarding eligibility, qualifications, experience, compensation, selection, contractual terms, dates and other recruitment conditions.
Although reasonable care has been taken to present the information accurately, candidates should verify all important details from the official notification before submitting an application.
Employment News Alerts does not guarantee shortlisting, interview, selection, appointment, salary or employment.
All trademarks, names, logos, documents and other intellectual property appearing in connection with ICSI IIP remain the property of their respective owners.
Candidates should not make payments to unauthorised persons claiming to guarantee recruitment or selection.
Information prepared from the official ICSI IIP Managing Director Recruitment Advertisement 2026. Candidates should check the official recruitment page for subsequent updates.
