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Home Co-op News Snippets

Cosmos Bank shines in UCB TOP 100 CXO Summit

Amit Awana by Amit Awana
August 23, 2024
in Co-op News Snippets
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Cosmos Bank shines in UCB TOP 100 CXO Summit
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Cosmos Cooperative Bank recently received three prestigious awards from the National Federation of Urban Cooperative Banks and Credit Societies Ltd. (NAFCUB) and the National Cooperative Union of India (NCUI) at the UCB Top 100 CXO Summit and ICONIC Leaders Awards 2024. Among 48 nominated cooperative banks, Cosmos Bank stood out, earning these significant honours.

Chairman CA Milind Kale was awarded the ‘Visionary Leaders Award’ for his leadership, which has been instrumental in establishing a robust financial foundation for the bank. Under his guidance, Cosmos Bank achieved a historic net profit of Rs 384 crore and surpassed Rs 35,000 crore in business for the financial year 2023-24.

Managing Director Mrs. Apekshita Thipsay received the ‘Banking Business Leadership Award – CEO’ for her exceptional role in advancing the bank’s success.

Former Vice Chairman and current Director, Mr. Praveenkumar Gandhi, was honoured with the ‘Banking Leadership Award – Vice Chairman’ for his mentorship in helping the bank reach its financial targets for 2023-24.

The UCB Top 100 CXO Summit is renowned for recognizing influential leaders in the banking sector. Cosmos Bank’s achievements at this event underscore its leading position in the cooperative banking industry.

Tags: Breakingcosmos bankCXO SummitnafcubNCUIParveen Kumar Gandhi
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