CAREER OPPORTUNITY

Appointment of General Manager Punjab Pension Fund
GOVERNMENT OF THE PUNJAB

FINANCIAL 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 operational by end 2008.

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

QUALIFICATIONS
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' administrative 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 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.

* Perform such other functions as may be assigned to him by therules, regulations and Management Committee from

TERM:-
The General manger 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 market based salary and other benefits will be offered commensurate with qualifications and experience.

Applications should reach the under signed not later than 15 days of the publication of this notice.

For further details Punjab Pension Fund Act 2007 and Punjab

Pension Fund rules may be seen on: www.punjab.gov.pk/finance/

Sohail Ahmad
Secretary Finance, Government of Punjab and Member Punjab Pension Fund