J&K Bank Thursday elevated three of its Presidents to the position of Executive Presidents.
The promotion orders to this effect were issued during the board meeting held on April 15. The newly promoted Executive Presidents are ArunGandotra, GhulamNabiTeli and Sunil Gupta. All the three officers have served the bank for almost three decades including at key management positions and are quite well-suited to the newly assigned roles, said a statement.
Commenting on the promotions, the Bank’s CMD said, “Despite being in line with the Bank’s routine succession planning, these elevations assume further significance amid the COVID19 crisis wherein an added momentum is required at the leadership level to not only manage the emergency within the Bank but to ensure uninterrupted banking services to the people of J&K, Ladakh and beyond.”
He said the process shall be continued in all other cadres also after successfully coming out of the Covid19 pandemic. “I believe the promoted executives shall also lead the Bank’s efforts aimed at buttressing the government-led processes to manage and help resolve the crisis situation related to banking and financial needs of the people,” he said. “The elevated officers would carry on the knowledge and wealth of experience to their new positions and shall help in steering the institutional ship well amid the rough waters.”