Dr M L Abhyankar, the high profile cooperator from Pune has been elected as the new Chairman of apex urban cooperative banks federation NAFCUB in an election on Thursday which saw unprecedented participation by the delegates.
Dr Abhyankar is regarded as a scholar who acquired Doctorate and fought many a battle on behalf of urban cooperative bank in the past. A committed cooperator Dr Abhyankar has been on the panel of Malegam Committee constituted by RBI to frame guidelines for the licensing of the urban cooperative banks.
There were two front runners-Dr Abhyankar and Jatinder Mehta. The counting ended by 7.30 in the evening and was followed by AGM. Directors were left alone to decide upon a consensus candidate. Dr Mukund Abhyankar was the unanimous choice, said an insider to the Indian Cooperative.
The two Vice-Chairmen elected on Thursday are Ram Babu Shandilaya of Jharkhand and Vidyadhar Anaskar who is a new Director from Maharashtra.
The complete list of new board is as following
Dr M L Abhyankar-Chairman
Ram Babu Shandilaya- Vice Chairman
Vidya Dhar Anaskar-Vice Chairman
Chandra Pal Singh Yadav
H K Patil
M Anjaneyulu
Jaya Verma
Jatinder Mehta
Jagdish Mehta
K K Sharma
O P Sharma
Bhogle Patil
Alka Srivastava
Vidya Dhar Achyut Vaishampayan
R M Sethi
Mudit Verma
Ashok Sauandattikar
G Ramamurthy
Ramesh Bung
Vikas Thakur
More than 400 votes were cast in the banking sector while about 300 votes were cast in the credit sector. Even the Mahila bank sector saw huge participation with more than 40 votes that were cast. In cooperative terms it is rated hugely participated election.