JAMMU, Jan 14: In line with his vision to meet and listen to every member of J&K Bank family, Chairman and Managing Director Rajesh Kumar Chhibber convened a “Staff Meet” at Gurgaon.
The Staff Meet was attended by the bank’s Executive President P K Tickoo, Presidents Sunil Gupta, Arun Gandotra, Zonal Head Delhi (North), Fayaz Ahmad Siddiqui, Vice Presidents Fayaz Ahmad Zargar, Imtiyaz Ahmad Hussaini, Vinod Kumar Sharma besides more than 250 staff members of all cadres posted at various Business Units /Offices falling under the National Capital Region (NCR).
Giving a patient audience to the participants at the Staff Meet, the Chairman assured that the recent probe from some agencies shall not have any impact on any bonafide transaction/business done in the interests of the Bank. “Besides the core business, focus should be on other aspects of growth like fee based income, recovery and containment of NPAs. Special emphasis needs to be laid on Retail and Forex Business while as the corporate business needs to be taken up on selective basis by choosing only the top rated corporates/PSUs”, he said.
Dispelling strongly the rumours about the merger of Bank once again, the Chairman assured that Bank continues to remain fundamentally strong and with ample support from the Government of J&K UT and Ladakh UT administration as its promoter, it is bound to reach to its zenith.
“The appointment of a strong and professional board with ample knowledge and experience, comprising of IAS officers, Chartered Accountants, Corporate Leaders etc has resulted in the improvement in the overall governance of the bank”, he said and added that the already initiated recruitment process would be concluded soon in a transparent manner to meet out staff requirements.
Elaborating on the Bank’s plan to consolidate its network outside J&K region by merging/closing the unviable branches and offices, the Chairman assured that the Bank would continue its expansion plans in potentially rich business centers.
Informing the participants that the Bank was in the process of implementing the recently received rehabilitation package for revival of borrowers of J&K on a fast track basis, the Chairman said, “the regulators have been requested for inclusion of those segments of borrowers which have not been included, so as to ensure a meaningful rehabilitation of all the affected borrowers from J&K.”
Earlier, Zonal Head North (Delhi) Fayaz Ahmad Siddiqui appraised the participants about the business and its prospects in the zone.