COBI: Amin re-elected Chairman unanimously

Ghanshyambhai H Amin was unanimously re-elected as the Chairman of Cooperative Banks of India (COBI) at its headquarters in NCUI’s campus in Delhi on Tuesday, in the presence of the who is who of the cooperative world. It is his second term.

Amin, who sounded cautious in the morning (before the election) was a bundle of confidence in the evening when the Returning officer V K Dubey declared the results. NCUI President Chandra Pal Singh Yadav was among the first to have greeted the new Chairman.

COBI is the apex body of all banks-co-op banks, UCBs, Land Mortgage, etc. The new Board has 16 members in which a few are the first timers including Chairman of UP Land Mortgage Bank, Chairman of Karnataka Apex Co-op Bank, Chairman of Maharashtra State Co-op Bank.

Other Board of Directors include Chandra Pal Singh from Kribhco, V R Patel from Nafed, Bijender Singh from NAFSCOB, KS Devegowda from IFFCO, H K Patil from Nafcub, Shivsadan Nayar from Land Mortage Bank. Amin represented NCUI.

Talking to Indian Cooperative soon after the results, Amin said that this term would be focusing on adoption of the cutting edge technologies in the co-operative banking sector. Mobile banking, digital technology and all other tech devices one hears about these days are going to be part of co-op banking in India, he underlined.

“We have planned to organize seminars and workshops to educate our members. If there is a need we are also ready to venture out into remote areas”, stated Amin in his new avatar. Amin also intend to be a part of the delegation from co-operative sector led by NCUI to Niti Aayog, which is to give its presentation to the Planning body on 31^st August.

Amin also vowed to make renewed efforts to secure license for the Cooperative Bank of India (COBI)- an issue that has somehow throttled the growth of this apex body. Though Amin and other leaders have met everybody including the Prime Minister on the issue, they have not been lucky so far.

“I am not the one to accept defeat and would make a renewed attempt to gain the licence”, said Amin to Indian Cooperative on the phone.

Giving details of the elections, V K Dubey said that two nominations were found invalid after the scrutiny while 16 Directors have been elected unopposed. In a Board of 21 Directors, five seats remained vacant. Candidates from flood affected areas could not file their nominations papers, informed Dubey.