Thiruvananthapuram : The newly constituted internal Board of Kerala State Co-operative Bank assumed charge on Friday. Gopi Kotamurrikal has been elected as the Bank’s President and MK Kannan as the Vice President.
Kerala Bank holds infinite potential in the state’s banking sector, said Chief Minister Pinarayi Vijayan on the occasion. It is unfortunate that one district chose to stay outside the periphery, CM said, adding that, Malappuram District Co-op Bank should hopefully opt to merge without much delay.
Arrangements will be set up at Kerala Bank for overseas remittances. It is unfair for just one district to stay deprived of such facilities. Those who spearheaded the decision to for the bank to stay out, should re-examine their stand, said CM.
The taking-of-charge event was held at Kerala Bank headquarters in adhering to covid protocols. Ministers Thomas Isaac and Kadakampally Surendran also attended the function.
Kerala Bank will transform into no. 1 bank both in the state and among other schedule banks, said CM.
In the bank’s Board election held yesterday, LDF had secured brilliant victory with all its candidates getting elected to the Board.
Elected LDF representatives include: Adv S Shajahan(Thiruvananthapuram), Adv. G Lalu(Kollam), M Satyabalan(Alappuzha), KJ Philip(Kottayam), K. V. Saasi(Idukki), M. K> Kannur (Thrissur), A Prabhakaran(Palakkad), P Gagarin(Wayanad), Sabu Abraham(Kasaragod), K. G. Vasanthakumari(Kannur) and Gopi Kottumurikkal (Urban Bank representative).
Three of LDF candidates were elected without opposition :. Ramesh Babu from Kozhikode(SC section), Nirmala Devi(Women’s Reservation), and Pushpa Das(Ernakulam).
Six additional persons apart from the elected members together constitute the Kerala Bank Board. Two professional will be nominated by the government as Board directors. Co-operative Secretary, Registrar of Co--operative Societies, Kerala Regional Chief General Manager and Kerala State Co-operative Bank CEO will also form part of the Board.
