Connect with us

Lead Stories

Chhibber takes over as interim head

Avatar

Published

🕒

on

IST

Srinagar, Jun 9: Following the J&K Government order regarding change of guard at J&K Bank, R K Chhibber assumed office as interim Chairman cum Managing Director of the Bank.

A spokesperson of the bank said that earlier the Board of directors in their meeting held on June 8 at Corporate Headquarters took on record the government order and passed a resolution regarding appointment of Chhibber as Nominee Director of the J&K government (Govt Director) on the Board of the Bank from June 08.

The Board, the spokesperson added, also passed another resolution appointing Chhibber as the interim Chairman & Managing Director of the Bank subject to the approval of RBI.

 

“Chhibber shall besides be the Interim Chairman of all sub-committees of the Board previously headed by the ex-Chairman. The Board besides recommended splitting of the post of Chairman & Managing Director as per the provisions of SEBI regulations and RBI guidelines,” the spokesperson said.

On the occasion Chhibber said: “Having full faith and confidence in the outstanding workforce of the Bank, we shall strive to not only weather the challenges at hand but put the Bank on a different pedestal with committed support of our promoters, The J&K Govt, regulators, vibrant management and dedicated workforce.”

Delineating his priorities, he added that setting new benchmarks in business growth and profitability through customer centric business strategies, employee development and welfare, increased shareholder value, strengthening governance and improving compliance culture across the organization would be the prime focus areas.

In the meantime, the employees gave a resounding welcome to the new Chairman at Corporate Headquarters, Srinagar and pledged their full support and commitment towards achievement of corporate goals.

Who is Rajesh Kumar Chhibber?

Rajesh Kumar Chhibber joined the services of the bank as probationary officer in the year 1982 and has led the bank in various capacities from managing business operations at branch, Zonal offices and at Corporate level. His main areas of expertise include Credit, Finance, IT, Corporate & Retail banking, Risk management, Trade Finance, Foreign exchange, Business continuity planning, HR, Banc assurance. Bank made remarkable improvements in technology infrastructure and expertise while being headed by him as Vice President IT. He also headed J&K Grameen bank as Chairman for nearly three years and brought great laurels to the bank by performing with dedication and with accomplishment of key strategic goals. Prior to stepping into the role of Chairman & MD, he as Executive President functioned as Chief Compliance Officer of the bank besides handling Business Support division, Insurance, Government Banking, Lead Bank, CSC, FID, Subsidiary Management, Culture & Sports functions of the bank. He has to his backing a vast experience in versatile fields of banking and finance and almost 03 decades of relentless efforts in raising key milestones in the development of the bank.

Omar cautions against regionalist politics

Srinagar, Jun 9: NC vice-president and former J&K Chief Minister Omar Abdullah Sunday said the ongoing J&K Bank issue should not be entangled in “regionalist politics”.

On Saturday, the Governor led J&K government sacked the Bank’s Chairman Parvez Ahmad post which Anti-Corruption Bureau conducted searches at the Bank’s corporate headquarters.

Taking to Twitter, Omar wrote: “Any steps taken to improve the functioning of J&K bank will be welcomed but the administration of the day must guard against playing politics with the bank. It’s called J AND K Bank for a reason. It’s not meant to be a trophy for regionalist politics.”


Advertisement
Loading...
Comments

Lead Stories

Militant, Army officer killed in Anantnag gunfight

Avatar

Published

on

Srinagar, Jun 17: An Army officer and a militant were killed and three other soldiers including a Major injured in a gunfight in south Kashmir Anantnag district on Monday, police said.

Police sources said the officer was shot at during the firing exchange between the holed-up militants and security forces in Bidoora village in Achabal area of the district.

The slain militant was believed to be a foreigner.

 

SSP Anantnag, Altaf Khan said that the operation was launched following specific inputs about the presence of some militants in the area.

He said that as the joint team intensified the searches, the militants, hiding in the area, opened fire which was retaliated, triggering off a gunfight.

Initially, sources said, the joint team of forces and militants exchanged gunfire for some time during which the house, in which the militants were hiding, was damaged. Later there was a lull for about an hour even as Army rushed more reinforcements and the joint team started searches to find out the militants.

Soon the militants rose from the debris and opened indiscriminate fire on the forces, resulting in the on-spot death of Major Keetan Sharma and injuries to three others including another Army Major Rahul Verma, sources said.

They added the joint team of forces retailed the fire, leading to the fresh gunfight in an open field. While one militant was killed and the search operation is underway to find if there is any more militant hiding in the area.

The identity and group affiliation of the slain militant is being ascertained, sources said.

Meanwhile, youth took to streets and pelted stones at the security forces. The police and paramilitary CRPF deployed in the area used tear smoke shells and pellets to disperse them.

In wake of the operation, the authorities snapped internet service in the southern district.

Continue Reading

Lead Stories

IED blast in Pulwama, 6 soldiers, 2 civilians injured

Avatar

Published

on

Srinagar, Jun 17: Militants on Monday attempted to blow off an Army vehicle in a village in South Kashmir’s Pulwama district.

A police official said that an armoured vehicle of Army came under an IED attack in Hargam Arihal village of Pulwama. He added that after the blast militants also fired some gunshots towards the vehicle.

Local residents informed that they heard huge blast followed by gunshots.

 

Reports said that six soldiers and two civilians were injured in the blast. The soldiers were shifted to Army’s 92 base hospital at Badamibagh, Srinagar for treatment.

The area was soon cordoned off, officials said.

Earlier, reports said that militants exploded an IED under a Casper vehicle, extensively damaging it, as an army convoy passed through Arihal. However, the army clarified that the damaged vehicle was not a Casper, but an Ashok Leyland Stallion truck.

Three of them who were travelling in the cabin of the vehicle are stated to be serious, the news agency reported.

The blast was triggered by militants using a car laden with explosives, GNS reported attributing the same to “initial investigations by police.”

“A police officer that the explosives were fitted inside a car and investigators are probing the owner of the vehicle. Asked, which type of vehicle was used, the officer said that it is a matter of investigation,” the news agency reported.

“Samples have been collected and further probe is underway,” the officer was quoted saying.

In a statement, the Army called the attack a “failed attempt” by militants. The troops are safe, barring a few minor injuries, it said, adding, “The area has been cordoned and search operations are in progress”.

The blast comes days after Pakistan had reportedly shared information with India and America regarding the possibility of major militant attack in the south Kashmir district. (With inputs from GNS)

Continue Reading

Lead Stories

Emotional scenes at slain SHO’s wreath-laying ceremony

Syed Nashir Ali Gillani

Published

on

SSP Srinagar, Dr Haseeb Mughal holding in his lap the son of slain SHO Arshid Khan during the wreath laying ceremony at DPL, Srinagar on Monday – Photo: Umar Ganie

Srinagar, Jun 17: Emotional scenes were Monday witnessed at District Police Lines (DPL) Srinagar as top cops and bureaucrats attended the wreath-laying ceremony of the slain police officer Arshad Khan, who had sustained critical injuries in a militant attack in Anantnag last week and later succumbed to his injuries at AIIMS, Delhi on Sunday.

J&K Police chief Dilbagh Singh, Advisors to Governor K Vijay Kumar and KK Sharma, Home Secretary Shaleen Kabra, Divisional Commissioner Baseer Ahmed Khan, ADGP Muneer Khan, and SSP Srinagar Dr Haseeb Mughal, among other civil and police officers were present on the occasion.

J&K Police shared two heart wrenching photos of Dr Mughal carrying the deceased’s son in his arms during the wreath-laying ceremony.

 

In the photos, a teary-eyed Haseeb is seen carrying slain Arshad Khan’s son while paying tributes to his colleague.

On the occasion, Advisor Kumar said that more than 1600 J&K Police personnel have lost their lives in the line of duty.

On June 12, around 4:50 pm, five paramilitary troopers and a militant were killed and four other security forces personnel including Arshad sustained injuries after militants attacked a joint party of CRPF and police at bus stand Anantnag.

Arshad was immediately evacuated to a nearby hospital and then to Srinagar’ SK Institute of Medical Sciences, Soura. After being treated there for a few days, he was flown to Delhi’s AIIMS hospital where he succumbed to his injuries on Sunday.

According to police, Arshad was inducted into police services in the year 2002 and was presently posted as SHO Anantnag. Khan is survived by father and mother, wife Neelofar, 5-year-old son Abuhan Khan, Danim 2, and a brother.

Continue Reading
Advertisement

Latest News

Subscribe to The Kashmir Monitor via Email

Enter your email address to subscribe to The Kashmir Monitor and receive notifications of new stories by email.

Join 1,010,154 other subscribers

Archives

June 2019
M T W T F S S
« May    
 12
3456789
10111213141516
17181920212223
24252627282930
Advertisement