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Organisation
ORGANIZATION SET UP:
Board of Directors:

As per bye-laws of the Bank, the Management of the bank is vested in a Board of Directors consisting representations of 9 Directors from Cooperative Societies, 3 Directors from individual Shareholder and 3 Govt. Nominees. The Board of Directors of the Bank was constituted on 17.12.2012 and is running the affairs of the bank.

Chairman:

As per Bye-Laws of the Bank, the Board unanimously resolved to elect Shri Kamal K. Sharma as a Chairman. The office of the Chairman is situated at Head Office of the Bank at first floor, Sector 22-B, Chandigarh.

Vice-Chairman:

As per Bye-Laws of the Bank, the Board unanimously resolved to elect Shri Jujhar Singh as a Vice Chairman. The office of the Vice Chairman is situated at Main Branch of the Bank in ground floor at Sector 22-B, Chandigarh.

Managing Director:

As per Bye-Laws of the Bank, the Managing Director in the bank shall be appointed by the Registrar Cooperative Societies, Union Territory, Chandigarh from the U.T. Govt., Punjab & Haryana Govt., Punjab/Haryana state Cooperative banks or from NABARD. At present, Shri Balbir Singh Dhol, PCS (Government nominee) is the Managing Director of the bank. The office of the Managing Director is situated at Head Office of the Bank at first floor, Sector 22-B, Chandigarh.

Committees of Board of Directors:

1. Recruitment Committee

i. Sh. Kamal K. Sharma Chairman
ii. Sh. Davinder Kumar Director
iii. Sh. Teja Singh Director
iv. Sh. Surjit Choudhary Director
v. The Managing Director Govt. Nominee

2. Administrative Committee

i. Sh. Kamal K. Sharma Chairman
ii. Sh. Sewa Singh Johal Director
iii. Sh. S.S. Gautam Director
iv. Sh. Jagtar Singh Director
v. R.C.S./his Nominee Govt. Nominee

3. Business Committee

i. Sh. S.S. Johal Director In-charge
ii. Sh. Surjit Choudhary Director
iii. Sh. Jagtar Singh Director
iv. Sh. Malkiat Singh Director
v. R.C.S./his Nominee Govt. Nominee

4. Loan Sub Committee

i. Sh. Jagtar Singh Director In-charge
ii. Sh. Harjit Singh Director
iii. Sh. Surinder Singh Director
iv. Sh. Davinder Kumar Director
v. The Managing Director Govt. Nominee

5. Audit Committee

i. Sh. Surjit Choudhary Director In-charge
ii. Sh. Gurdial Singh Director
iii. Sh. Surinder Singh Director
iv. Sh. Harjit Singh Director
v. G.M.NABARD/his Nominee Govt. Nominee

6. Special Committee on Frauds & Embezzlements

i. Sh. S.S.Gautam Director In-charge
ii. Sh. Davinder Kumar Director
iii. Sh. Harjit Singh Director
iv. Sh. Teja Singh Director
v. The Managing Director Govt. Nominee

7. Investment Committee

i. The Managing Director
ii. General Manager
iii. Branch In-charge Head Office
iv. In-charge Investment Section
v. In-Charge Administration (Estt. Officer)
vi. In-charge Planning & Development
General Manager:

Earlier, the General Manager of the Bank was on deputation basis. Since 2008, the Registrar Cooperative Societies, UT, Chandigarh decided to give the charge of General Manger to the Senior Most officer of the bank. Presently, Shri Harnek Singh, AGM of the Bank is officiating as General Manager. The office of the General Manager is situated at Main Branch of the Bank in ground floor at Sector 22-B, Chandigarh.

Head Office:

The HO of the Bank is situated at city heart i.e. Sector 22-B Chandigarh from where all the controlling offices such as Reserve Bank of India, NABARD and Registrar Cooperative Societies, UT, Chandigarh are very nearly situated. HO comprising of following sections/cells with the staff strength:

7. Investment Committee

i. Establishment Section 1 Establishment Officer (Vacant)
1 Establishment Accountant
ii. Investment Section 1 Manager (In-Charge)
1 Accountant
iii. I.T. Cell 1 Assistant Manager
2 Accountants
1 Clerk-cum-Computer Operator
iv. Loan & Recovery Cell 1 Senior Manager
1 Clerk
v. P & D Section 1 Manager
1 Accountant
vi. Clearing Section 1 Assistant Manager
1 Accountant
2 Clerks
vii. AML/KYC Compliance Cell 1 Senior Manager
1 Accountant
1 Stenographer
viii. Internal Inspection/
Concurrent Audit Cell
1 Senior Manager
1 Accountant
The branches of the bank: -

i) Sector-22 B, Chandigarh (H.O.)
ii) Sector-17, Chandigarh.
iii) Village Burail
iv) Village Mani Majra
v) Village Hallo Majra
vi) Village Dadu Majra
vii) Village Badheri
viii) Village Mouli Jagran
ix) Village Maloya
x) Modern Residential Complex, Mani Majra.
xi) Grain Market, Sector-26, Chandigarh
xii) Sector – 61, Kajheri, UT, Chandigarh
xiii) Dhanas, UT, Chandigarh
xiv) Khuda Lahora, UT, Chandigarh

Staff Strength

At present the sanctioned staff strength is 120 employees. 69 employees are working on regular basis and 23 employees are on contractual basis.

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