The Management of the Bank is vested in its Board of Directors, which is constituted, as per provision of Bye-law No.29 of the Bye-laws of the Bank which states:-
The Board is constituted in the following manner:-
i) A nominee of the State Cooperative Bank;
ii) One representative of NABARD to be nominated by NABARD.
iii) Not more than three officials to be nominated by the State Government as long as the Government is a share holder;
iv) Registrar of Cooperative Societies or his nominee;
v) One Director from every zone of 5 contiguous member PADBs/Institutions shall be elected provided if the number of PADBs/Institution is not divisible by 5 the left out member, PADBs/Institutions shall be included in the adjoining zone in such a way that no zone has more than 6 member PADBs/Institutions. However, if the number of left out members is more than 2, a separate zone may be formed. The present Board of Directors has been constituted on 14.07.2016 and the Chairman was elected on 20.07.2016.
The Board of Directors lay down the broad policy guide-lines regarding the working of the Bank.
The present list of the members of the Board of Directors is given below:-
|1.||Sh.D.P. Reddy, IAS||Additional Chief Secretary-cum-Financial Commissioner Cooperation (Chairman)|
|2.||S.Ravel Singh s/o Joginder Singh||Director||Amritsar|
|3.||S.Tejinder Singh Middukhera s/o Gurnam Singh||Director||Lambi|
|4.||S. Jatinder Singh s/o Daljit Singh||Director||Zira|
|5.||S. Ravinder Singh s/o Avtar Singh||Director||Jalandhar|
|6.||S. Manmohan Singh s/o Rashpal Singh||Director||Dera Baba Nanak|
|7.||S. Sucha Singh s/o Naranjan Singh||Director||Phillaur|
|8.||Sh. Bal Ram s/o Labhu Ram||Director||Balachaur|
|9.||S. Kanwarpal Singh s/o Des Raj||Director||Derabassi|
|10.||S. Ajaib Singh s/o Hazara Singh||Director||Ghanour|
|11.||S. Balwinder Singh s/o Bikkar Singh||Director||Ludhiana|
|12.||S. Jeet Singh s/o Hakam Singh||Director||Sangrur|
|13.||S. Bhup Singh s/o Birbal Dass||Director||Sardulgarh|
|14.||S. Jagtar Singh s/o Ruldu Singh||Director||Rampuraphul|
|15.||S. Jesrat Singh Sandhoo s/o S. Gurinder Pal Singh (Nominee of PSCB, Sec 34, Chandigarh)||Director (Nominee of PSCB – Sector 34, Chd.)||C/o The Fazilka Central Coop. Bank, Abohar|
|16.||Principal Secretary,Finance to Govt of Punjab, Department of Finance, Punjab Civil Secretariat Chandigarh||Government Nominee|
|17.||The Registrar Cooperative Societies Punjab, Chandigarh||Government Nominee|
|18.||Chief General Manager, NABARD, Plot No.3, Sector 34-A, Chandigarh||NABARD Nominee|
The functioning at the Head Office is run through different Departments. At present, Shri J.K. Jain, PCS is the Managing Director.
For the purpose of close supervision of the PADBs, the Bank has appointed one officer of the rank of AGM at each District Head Quarter and for better coordination, three Regional Offices at Jalandhar, Ferozepur and Patiala have been created, which are manned by the officers of the status of Deputy General Managers designated as Regional Officers.