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Saturday, August 8, 2009

Postal Department issued notification to the Post of Analysts(Debt&Equity)and Directors(MIS&Accounts and Treasury) for managing of RPLI and PLI Fund

Dear Comrades,
As a result of Economic reforms Now Postal Deparment is going to invest the RPLI and PLI Deposits in Mutual Funds from 1st October 2009.The fund should be invested as per IRDA regulations.The funds will be transferred to the two Fund Managers already appointed, SBI Mutual Fund and UTI Mutual Fund for investement under non discretionary mode. The policy frame work and the structure of the investments will be decided by an Investment Board and will be executed by a Chief Investment Officer (CIO) to be stationed at Mumbai.The CIO will be heading the Investment Division.The CIO will be assisted by Analyst(Debt).Analyst(Equity),Director(MIS),and Director(Accounts and Treasury).Department of Posts, Government of India invites applications for the following positions,based in Mumbai on contract or deputation basis for a minimum period of one year.For full text of the notification please click the below link and down load.


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