IIM Vizag conducts management development program for Canara Bank officers

IIM Vizag conducts management development program for Canara Bank officers


VISAKHAPATNAM: Indian Institute of Management-Visakhapatnam conducted a customised five-day management development programme for the Canara Bank scale-5 officers.
According to IIM Vizag director, Prof M Chandrasekhar, the goal of this MDP was to help Canara Bank officials to deal with the changing business environment, challenges, and rising stakeholder expectations. “The programme taught officers the essential leadership qualities necessary for achieving outcomes and excelling at the organisational level and further assisting the bank in enhancing its performance,” said Prof M Chandrasekhar.
The Chief Guest for the event, ChSS Mallikarjuna Rao, the former MD and CEO of Punjab National Bank, spoke about the importance of gaining management skills and how learning boosts the growth curve.
Rao emphasised the significance of MDP training for officers in their domain of work. In an insightful conversation with the assistant general managers (AGMs), he discussed a variety of topics, including the state of the economy and credit growth in the post-pandemic period. He also spoke on the issues that banks faced during the pandemic, as well as how data and information can drive decision-making in the current scenario.
Sharanappa S Pujari, an officer at Canara Bank, said that the five-day MDP programme was informative and enlightening. “We were able to look at issues with a fresh perspective and think of possible management concepts in fixing the existing difficulties in our domain of work,” he said.
Another participant RS Singh said that the programme was quite informative as emerging issues from the public and private sectors were discussed.
The programme was inaugurated by Dr Charan Singh, former chairman of Punjab and Sind Bank and former RBI Chair Professor at IIM Bangalore. While sharing his experience, Dr Singh highlighted the need for asset quality review and urged participants to be vigilant of the dynamic business environment.
Programme Director, Prof. Deepika Gupta, gave an overview of the programme and underlined the importance of mastering all aspects of management.
Faculty members at IIMV took various sessions during the five-day programme which covered engaging topics such as profit-oriented marketing and cross-selling techniques, emotional intelligence/stress management for bankers, change management, customer management, using technology for growth, timely NPA resolution, disciplined credit growth (risk management), and team management.
The MDP was attended by 40 AGMs from Canara bank.


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