Srinagar: Chairman and CEO J&K Bank, Parvez Ahmed has thanked people from different walks of life especially business community for extending felicitations through various channels of communication including media on his appointment as Chairman and CEO of the Bank. While reciprocating with warmth and affection to all of them he hoped that bank will come to their expectations in terms of service delivery and merit based financial support wherever required.
The Chairman and CEO while expressing his gratitude to media fraternity for their encouraging response in large numbers for his maiden Press Conference as Chairman& CEO, Parvez Ahmed acknowledged the great support media has always extended to the Bank and its leadership for the successful implementation of its policies as major state lender and second largest employer of the state.
Dispelling the fears of the public on the unprecedented levels of NPA and stressed assets that the Bank is lately facing, Parvez assured all stakeholders that such situation shall soon come under control supporting his belief by citing similar situations during past two and a half decades in which the bank’s staff showed tremendous skills and commitment to help the Bank sail through turbulent times successfully.
He further reassured all stakeholders that “their investments are completely safe with the Bank and times of decent returns coupled with festive dividends are returning soon”. For this, he showed his complete confidence and trust on the capabilities of employees of the bank and strategies adopted for consolidation and clean up of the balance sheet.
However, reiterating his commitment of restoring the glory of the bank, the Chairman made a humble request to all stakeholders for their continued unrelenting support.
Chairman JK Bank calls on Governor
Mr. Parvez Ahmed, who took over as Chairman of the J&K Bank last week, called on Governor N.N. Vohra at the Raj Bhavan here today and informed the latter about the plans to take J&K Bank to the fore front in the banking sector.
Governor urged Chairman Ahmed to suitably re-orient the Bank’s current policies to ensure that targeted support is provided to identified segments of the economy and pointed to the Bank’s responsibility of playing a rapidly larger role in speeding up the growth and development of the State. In this context he referred to the need for priority attention being provided to meet the needs of weavers and craftsmen and the available central schemes being fully exploited to assist the growers. He lauded Mr. Ahmed’s commitment to nurture transparency and accountability and wished him a successful tenure ahead.