J&K Bank Officers Association felicitates retired employees

Parvez urges new leadership to embrace culture of mentorship from retired fraternity

Srinagar, Jan 1: J&K Bank Officers Association organized annual felicitation of retired officials of the Bank at Zorawar Singh Auditorium, Jammu. The felicitation function which was graced by J&K Bank Chairman & CEO, Parvez Ahmed as Chief Guest witnessed the felicitation of 149 officers of the bank who attained the age of superannuation during the last two years. J&K Bank Executive Presidents P.K. Tikoo and R.K. Chibber, President 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 year on and have given a stable, progressive institution to the current generation of JK Bank family. I personally recall all the revered Officers and senior team mates with whom I learnt and worked over the years and express my gratitude to the generous guidance that I was offered over the course of my career. I must mention the strong culture of mentorship that was present at that time and I urge upon today’s leaders to revive and enhance the concept of mentoring junior management employees during various assignments and build a strong culture of collective spirit of growth.”
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. Your contribution to this premier Institution is exemplary which will be remembered by generations of J&K Bank. While this forum is an opportunity of interaction with you, I am delighted to learn how keenly you all continue to think about the welfare of the Bank by offering your valuable, experience rich suggestions towards the overall processes and direction of the Bank.”
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 favorable results in the current quarter as well. Bank while building on its age old values and passionate spirit of service is embracing new practices via its long term transformation strategy which has started to give positive results. Go all out to leverage our potential in business mobilization to maximize the business of the Bank to not only ward off the dynamic risks emerging in the banking sector but also to offset the various cost pressures on our balance sheet be it the enhanced provisioning, wage revision, regularizations in the subordinate cadre, career progression across the board and incremental investment in establishment of infrastructure for employees comfort and convenience. 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. This shall also enable the bank to shore up its capital base by plough back of profits”. Alongside, we consistently strive to give back positively to the society through our CSR initiatives.