MD & CEO for a Leading Co-operative Bank

Job Description

Executive Leadership and Strategic Direction

Formulate and articulate the bank's strategic vision and mission in accordance with the Board's directives. Establish comprehensive long-term and short-term strategic objectives to fulfill organizational mandates. Oversee the bank's financial performance, implementing strategic adjustments as required. Deliver periodic and detailed performance reports to the Board, highlighting progress on strategic initiatives

Financial Stewardship and Risk Governance

• Direct the attainment of financial objectives, including profitability, sustainable growth, and shareholder value enhancement via ongoing performance assessments.
• Guide strategic business development initiatives with keen awareness of market dynamics and competitive positioning.
• Monitor and manage asset quality vigilantly, focusing on non-performing assets and potential credit exposures.
• Conduct regular risk assessments, implement mitigation strategies, and ensure frequent evaluation of the enterprise risk framework.
• Engage with premier clients to reinforce the bank's reputation and market insights.
• Champion innovation and customer-centric product development to enhance service delivery and satisfaction

Operational Excellence and Technological Advancement

• Spearhead transformative initiatives in operations emphasizing digital banking, technology infrastructure advancement, cybersecurity, and cost-efficiency improvements.
• Regularly evaluate and refine operational processes to optimize customer experience and minimize operational expenses.
• Ensure adherence to industry-leading turnaround times through systematic process reengineering and automation

Regulatory Compliance and Governance Oversight

• Ensure unwavering adherence to all applicable banking laws and regulatory frameworks.
• Maintain active liaison with regulatory bodies, including the Reserve Bank of India, ensuring timely and accurate compliance reporting.
• Remain fully informed of regulatory developments and incorporate necessary changes promptly.
• Embed a rigorous compliance culture supported by robust control mechanisms and ethical standards.
• Facilitate continuous communication with the Board, ensuring complete governance compliance and supporting all Board Committees effectively.
• Obtain and review independent audit feedback to validate control environments and compliance effectiveness.

Talent Management and Organizational Development

• Build and sustain an executive leadership team of exceptional caliber through strategic recruitment and talent development.
• Provide inspirational leadership, mentoring, and performance management to cultivate a high-achievement and positive organizational culture.
• Promote a collaborative environment fostering teamwork, innovation, and continuous improvement.
• Implement formal feedback mechanisms to support employee growth and accountability

External Relations, Stakeholder Engagement, and Corporate Social Responsibility

• Develop and maintain robust relationships with key stakeholders including investors, customers, employees, and community partners.
• Represent the bank authoritatively at industry forums, conferences, and community engagements.
• Ensure transparent and consistent communication with stakeholders on the bank's performance and strategic direction.
• Lead corporate social responsibility initiatives and community development programs.
• Oversee public relations activities to sustain and enhance the bank's corporate image

Required Qualifications

Chartered Accountant / Cost Accountant / MBA CAIIB / Diploma in Banking and Finance / Diploma in Co-operative Business Management or its equivalent

Professional Experience

A minimum of 25 years of senior leadership experience in the banking or financial services sector.