Excelsior Correspondent
SRINAGAR, June 9: Pursuant to the order of Govt of J&K, regarding change of guard at J&K Bank, R K Chhi-bber today assumed office as interim Chairman cum Managing Director of the bank.
While taking charge as Interim Chairman, R K Chhibber said, “Having full faith and confidence in the outstanding workforce of the Bank, we shall strive to not only weather the challenges at hand but put the bank on a different pedestal with committed support of our promoters, the J&K Govt, regulators, vibrant management and dedicated workforce.”
Delineating his priorities, he said that setting new benchmarks in business growth and profitability through customer centric business strategies, employee development and welfare, increased shareholder value, strengthening governance and improving compliance culture across the organization would be the prime focus areas.
The employees of J&K Bank gave a resounding welcome to the new Chairman at Corporate Headquarters, Srinagar and pledged their full support and commitment towards achievement of corporate goals.
R K Chhibber had joined the services of the bank as Probationary Officer in the year 1982 and has led the JKB in various capacities from managing business operations at branch, Zonal offices and at Corporate level. His main areas of expertise include Credit, Finance, IT, Corporate & Retail banking, Risk Management, Trade Finance, Foreign Exchange, Business Continuity Planning, HR, etc.
Bank made remarkable improvements in technology infrastructure and expertise while being headed by him as Vice President IT. He also headed J & K Grameen Bank as Chairman for nearly three years. Prior to stepping into the role of Chairman & MD, he as Executive President functioned as Chief Compliance Officer of the bank besides handling Business Support division, Insurance, Government Banking, Lead Bank, CSC, FID, Subsidiary Management, Culture & Sports functions of the bank.
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