Excelsior Correspondent
JAMMU, May 3: A felicitation function was organized by the JK Bank Officers in Jammu region who were recently elevated in the career progression of the bank to their next levels, in which the Chairman and CEO Parvez Ahmed was felicitated.
D K Pandoh, Rahul Bansal and Vikram Gujral, Directors on Board of Bank, Bank’s Executive Presidents P K Tickoo & R K Chhiber, President Sunil Gupta, Vice Presidents Sudhir Gupta, Shareesh Sharma, Narjay Gupta, Mohammad Shafi Salroo, Sajjad Hussain Malik, A.P.Singh, and a large number of elevated officers of the bank were present on the occasion.
Speaking on the occasion, Parvez Ahmed said, “the bank has after redirecting its strategic business direction to the credit growth in J&K State embarked on its expansion within the State to capitalise on the huge business opportunities lying untapped in the State and is concomitantly undergoing a process of succession planning to groom strong leaders for future and the recent promotions are a timely step taken in this direction”.
“Given the pace of retirements in the next five years, it is important for us to put in place a robust plan of succession. Potential leaders are required to be mentored to create a strong leadership pipeline. Some of these works have been implemented, some are already in progress with a concrete action plan which includes expansion of our network in rest of India and to start overseas branches”, he further said.
The Chairman added, “despite the outstanding successes achieved thus far wherein we have achieved one of the fastest turnaround in the banking industry with seven continuous quarters of profit after a loss of seismic proportions for a bank of our size, I strongly believe that JK bank’s best years lie ahead. I have every confidence that together we can take the Bank to the next level of performance”, the Chairman further said.
“J&K Bank is the banker of first choice for the people of J&K as it holds a systemic importance for its economy. With only around 15-20% population availing credit from the banking system, opportunities are galore lying untapped for scripting a new era of growth and profitability for this wonderful institution and also for rescripting economic lives of people of the State”, the Chairman said.
Executive Presidents P K Tickoo and R K Chhibber also spoke on the occasion while as Assistant Vice President Varinder Kour presented the welcome and gratitude address.
The felicitation was followed by scintillating performances by renowned Sufi Singer Lakhwinder Wadali, of Wadali Brothers family, Dogri folk performances by Ghulam Mohammad Dansalia and his team and a budding artist Vanshika Jaral of Jammu.
The show was hosted by the celebrity RJ Shwetima from Radio Mirchi Jammu.
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