Parvez Ahmad Nengroo is a

Kashmiri Kashmiri may refer to: * People or things related to the Kashmir Valley or the broader region of Kashmir * Kashmiris, an ethnic group native to the Kashmir Valley * Kashmiri language, the language of the Kashmiris ethnic group People with the nam ...

politician who was born in 1964 at Kaprin, a village in South Kashmir's

Shopian district Shopian district (), known as Shupyan () in Kashmiri, is an administrative district of Indian-administered Jammu and Kashmir in the disputed Kashmir region.The application of the term "administered" to the various regions of Kashmir and a menti ...

. Parvez Ahmad was chairman and CEO of

Jammu and Kashmir Bank Jammu & Kashmir Bank Limited (J&K Bank) is an Private sector banks in India, Indian private sector bank headquartered in Srinagar, Jammu and Kashmir (union territory), Jammu and Kashmir. The Jammu and Kashmir Bank was incorporated on 1 October 1 ...

. He was removed by the state government on the charges of "mis-governance". He is the second chairman and CEO of J&K Bank, after Haseeb A Drabu, to be suddenly removed by the J&K state government. On 23 September 2021, Nengroo joined the

Jammu and Kashmir People's Conference The Jammu and Kashmir People's Conference is a political party in Jammu and Kashmir, India, founded by Abdul Ghani Lone and Molvi Iftikhar Hussain Ansari in 1978. It is currently led by Sajjad Lone. It won two seats in the 2014 Jammu and Ka ...

Early life

He was born in 1964 at Kaprin, a village in South

Kashmir Kashmir ( or ) is the Northwestern Indian subcontinent, northernmost geographical region of the Indian subcontinent. Until the mid-19th century, the term ''Kashmir'' denoted only the Kashmir Valley between the Great Himalayas and the Pir P ...

. He became Executive President of J&K Bank and the first in-service and second in-house Chairman and CEO of

. He is a qualified Company Secretary and a member of the Institute Of Company Secretaries of India (ICSI). Prior to be appointed as a Company Secretary of J&K Bank in the year 1998, he had worked for various corporate houses in India

Career

Parvez Ahmad joined

as the first Company Secretary in 1998 during its maiden public issue. He held various senior important positions in the bank as a part of Corporate Management team. He joined J&K bank as a scale III officer in the year 1998 and served in the J&K Bank for nearly two decades. He was the senior Executive President before rising to the rank of chairman and CEO. He was removed as chairman and also as a director (government nominee) of J&K Bank On 8 June 2019 by government of J&K state when the state was under presidential/Governor rule. As there is no direct provision for removal of Chairman under Companies Act, 2013/ Banking Regulation Act, 1949, he was removed as a government nominee director consequent upon which he ceased to be the Chairman of J&K bank. The way in which the removal was done was condemned by the J&K Bank Officers Association in their press release dated 17 June 2019 published in the Greater Kashmir (Local English Newspaper). The J&K Bank Officers Association and Traders' federations, though, supported the attempts by the state government to improve the transparency, accountability, fair recruitment policy and governance in J&K Bank. The anti-corruption bureau of J&K registered an FIR and made several raids including the ones at the corporate office of J&K Bank at Srinagar and at the residence of the ousted Chairman Parvez Ahmed. But, No arrests have been made and the results of the investigations of various appointments made, loans disbursed and One Time Settlements done during Parvez Ahmed's Tenure in J&K Bank and also during prior period are yet to be made public. Parvez Ahmad served as a Director on the Board of JKB Financial Services Limited. Parvez Ahmad, BSc, ACS, is a Member of the Institute of Company Secretaries of India (ICSI).

References

External links

* J&K Bank Official Website * ICSI Official Website * J&K Bank Board of Directors * J&K Bank Management Executives * JKB Financial Services Ltd. Official Website {{DEFAULTSORT:Ahmad, Parvez People from Jammu and Kashmir Living people 1964 births