Management

MANAGEMENT OF THE CORPORATION

The general superintendence, direction and management of the affairs and the business of the Corporation vest in the Board of Directors, which may exercise all such powers and do all such acts and things as may be exercised or done by the Corporation.

CHAIRMAN

The Chairman shall be a person who is an Ex-serviceman and was holding Class-I post while in service.

VICE-CHAIRMAN

The Vice-Chairman shall be a person who is an Ex-serviceman and was holding Class-I post while in service.

MANAGING DIRECTOR

The Managing Director shall be a person who is or has been a Class I Officer of the State Government or Central Government.

BOARD OF DIRECTORS

The Board of Directors consists of the Chairman, Vice-Chairman, the Managing Director and the following other Directors, namely :-

Ex-Officio Directors

The Secretary to Government in the Department of Defence Services Welfare or his nominee, ex-officio;
The Secretary to Government in the Finance Department or his nominee, ex-officio;
The Secretary to Government in the Development Department or his nominee, ex-officio;
The Director of Industries, Punjab, or his nominee, ex-officio;
The Secretary, Punjab Rajya Sainik Board or his nominee, ex-officio.

NOMINATED DIRECTORS

Four Ex-servicemen Directors nominated by the Government of Punjab for a term of two years.

PERMANENT POSTS

The total permanent posts authorized are:-

OFFICERS

Sr. No. Designation Posts
1 General Manager (PP) 1
2 Financial Controller 1
3 Secretarial Staff 2
4 Clerical & Other Staff 9
5 Supporting Staff 9

The additional staff required for smooth running of Corporation is appointed on contract basis with the approval of the Board of Directors.