J&K Bank targets profit of Rs 2000 cr

J&K Bank Chairman & CEO, Parvez Ahmed lighting the ceremonial lamp at a function in Jammu on Tuesday.

Excelsior Correspondent

JAMMU, Jan 1: J&K Bank Officers Association (JKBOA) here today organized annual felicitation of retired officials of the Bank at Zorawar Singh Auditorium.
J&K Bank Chairman & CEO, Parvez Ahmed was the chief guest on the occasion which witnessed the felicitation of 149 officers of the bank who attained superannuation during the last two years.
J&K Bank Executive Presidents P.K Tikoo and R.K Chibber, Presidents Rakesh Gandotra and Arun Gandotra were also present on the occasion.
Addressing the retired fraternity of the Bank, Parvez Ahmed said, “The Bank where it stands today is the result of persistent hard work and passion of the retired employees over the years who built a strong foundation of the institution and gave a stable, progressive institution to the current generation of JK Bank family.”
Speaking about retired employee welfare, he said, “The welfare and secure future of employees and their families is an idea most close to my heart and I feel very satisfied at the various steps and new schemes we have undertaken particularly towards both working and retired employees.”
Speaking about the Bank’s vision for the current financial year, he said, “Bank has seen six consecutive quarters of profitability and going forward, we will witness favourable results in the current quarter as well. We must collectively strive hard to achieve the envisaged profit figure of Rs. 2000 Crore business by the end of FY 2021-22 and given the sincerity, commitment and dedication of the bank’s human capital towards the institutional business goals I have firm belief that we will surpass the figure.”