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Managing Director: Mr. Imran Samad has assumed the Office as Managing Director Bank of Azad Jammu & Kashmir as on 29-11-2016, in terms of Government of Azad Jammu & Kashmir Notification bearing No. S&GAD/A-151(10)/11/2016 dated 25-11-2016. | BAJK launches SMS Alerts Services for all its customers of 65 branches in 10 districts of AJK. |


BAJK Board of Directors 29th Meeting:

The Board of Directors of the Bank of Azad Jammu and Kashmir held its 29th meeting under the chairmanship of Dr. Ijaz Munir, Chairman of the Board and also the Chief Secretary Government of Azad Jammu and Kashmir. The meeting was attended by Mr. Farid Ahmad Tarar, Secretary Finance, Mr. Fayaz Ali Abbasi, Senior Member Board of Revenue, Syed Zahur-ul Hassan Gilani, Secretary Forests and AKLASC, Raja Amjad Pervez Ali Khan, Secretary Industries, Mr. Ejaz Hussain Rathore, Director, Raja Mumtaz Ali, Director, Mr. Naveed Sadiq, Director, Mr. Maazullah Khan, Secretary Board and Mr. Shahid Shahzad Mir, Chief Financial Officer. Managing Director/CEO Mr. Imran Samad while welcoming the new inductees into the board briefed in detail the performance and strategy of the bank. The Board reviewed the financial position of the bank and approved the financial statements for the half year ended June 30, 2017.The MD also briefed about various steps taken by the management to promote the business of the bank which included formulation of business strategy, introduction of state of the art Information Technology, updation of all policies, training and development of human resource etc. , which are considered prerequisite to comply with the State Bank of Pakistan rules and regulations. The Chairman appreciated the steps taken by the MD and expressed his satisfaction. He also advised that management should continue its efforts for rapid progress of the bank. During the meeting the Chairman applauded the bank’s contribution in socio-economic development of the state. MD/CEO assured the Board of taking all the necessary steps with commitment and dedication to develop the bank .

Bank of Azad Jammu and Kashmir’s New Website launched:

Muzaffarabad: Chief Secretary and the Chairman of the Bank of Azad Jammu and Kashmir Dr. Ijaz Munir inaugurated the launching of the new official website of the Bank of Azad Jammu and Kashmir(BAJK) the other day. While lauding the efforts of the Managing Director Mr. Imran Samad for taking several innovative steps in the bank in short period of time including airing the internally developed website to improve business and brand image , chairman pointed out that the results of the efforts made by the bank are quite visible. Mr. Ahtasham Malik , Divisional Head IT briefed that website of the bank, www.bankajk.com, is developed by BAJK’s own IT Division, which contains many unique features to assist Bank to improve its functions and also helps in promoting State’s Tourism and other sectors. The BAJK is the only bank in the country which has Google maps integration with branch locator at its website interface. The Directors of the Board Mr. Farid Ahmad Tarar, Secretary Finance, Mr. Fayaz Ali Abbasi, Senior Member Board of Revenue, Syed Zahur-ul Hassan Gilani, Secretary Forests and AKLASC, Raja Amjad Pervez Ali Khan, Secretary Industries, Mr. Ejaz Hussain Rathore, Director, Raja Mumtaz Ali, Director, Mr. Naveed Sadiq, Director, Mr. Maazullah Khan, Secretary Board and Mr. Shahid Shahzad Mir, Chief Financial Officer were also present on the occasion.

Bank of AJK Launches SMS Alerts Services:

BAJK launches SMS Alerts Services for all its customers of 65 branches in 10 districts of AJK. With SMS Alerts service, customers of the Bank will be informed of multiple account transaction(s) on their mobile phones within minutes. BAJK has a wide range of products and services, looking to provide customer convenience by offering innovative and value-added products and services. The launch of the BAJK SMS Alert service is one such example. The essence of this service is to provide added convenience and security to all BAJK customers and would be helpful in assisting them for monitoring day-to-day account activity. BAJK customers will receive an instant SMS alert from BAJK on their respective mobile phones on any of the following transactions that occur on the customer’s current or savings account(s): • Debit Transaction: When an amount is deducted from customers’ current or savings account(s). • Credit Transaction: When an amount is deposited to customers’ current or savings account(s).

BAJK Board of Directors 28th Meeting:

Prime Minister Government of Azad Jammu and Kashmir, who is also the chairman Bank of Azad Jammu and Kashmir, presided over 28th meeting of Board of Directors of Bank of Azad Jammu and Kashmir the other day. Managing Director/CEO Mr. Imran Samad briefed in detail to the members regarding banks’ achievements during first quarter of the year 2017. During the meeting directors reviewed the financial position of the bank for the year 2016 and first quarter of the current year. During the meeting board approved the Business Plan 2017 of the bank. The board was also briefed about the various steps taken by the management to promote the business of the bank which included formulation of business strategy, introduction of state of the art Information Technology, formulation of policies, training and development of human resource etc., which are considered prerequisite to comply with the State Bank of Pakistan rules and regulations. The board was apprised about establishment of two important divisions i.e. Credit Administration Division (CAD) and Special Assets Management Division (SAMD) in line with the requirement of modern banking. The chairman appreciated the steps taken by the MD and expressed his satisfaction. He also advised that management should continue its efforts for rapid progress of the bank. He also directed that latest Information Technology be inducted in the bank for providing excellent services to the customers. During the meeting, the chairman applauded the bank contribution in socio-economic development of the state. MD/CEO assured the board of taking all the necessary steps with commitment and dedication to develop the bank under the supervision of Prime Minister/ Chairman of the board. Dr. Mohammad Najeeb Naqi Khan, State Minister Finance, Planning and Development, Public Health, Dr. Ejaz Munir, Chief Secretary, Mr. Ehsan Khalid Kiani, Principal Secretary, Mr. . Fayaz Ali Abbasi, Senior Member Board of Revenue, Syed Zahur-ul Hassan Gilani, Secretary Forests and AKLASC, Raja Amjad Pervez Ali Khan, Secretary Industries, Mr. Ejaz Hussain Rathore, Chartered Accountant, Mr. Maazullah Khan, Secretary Board and Mr. Shahid Shezad Mir, Chief Financial Officer were also present in the meeting.

AJK Bank holds training for employees at Rawalakot

Muzaffarabad: Bank of Azad Jammu and Kashmir conducted a specialized operational training for its employees at Rawalakot, which was the last session of a series of such programmes arranged for the entire bank. According to a statement issued here, the two-day training programme focused on enhancing all aspects of branch operations. Training programmes were designed to ensure the improvement in knowledge and skills of the participants to improve their efficiencies and to serve the customers more effectively. Managing Director Imran Samad while concluding the training sessions advised the officers to serve the bank with dedication and commitment, without which the development and progress of the bank can hardly be achieved. He also emphasized that the officers should observe banking rules, regulations and processes in performing their duties. Managing Director awarded certificates to the participants. Chief Compliance Officer Abdul Hameed Raja, who supervised the training programme, thanked the MD for motivating the participants by sharing his vision and strategy for future growth of the bank.