Bhatkal: After a series of episodes of internal disturbance and non-confidence motion against previous president of the PLD bank, Mr. Devidas N Naik has been presently elected as the new president of the bank.
The election procedure was carried out at the PLD Bank office on Saturday under the guidance of department director PL Naik. Devidas Naik was the only candidate who had submitted paper for the presidential post of the bank. His name was put forward by Ishwar Subrayya Naik and Suresh Jattaya Naik. Among the total of 12 directors, nine of them were present during the election procedure. Former president Sunil Naik, Damoder Gadekar and Madev Naik Betadoor were absent on the occasion.
After the election announcement, Devidas Naik in his address said that there would be no politics in bank work. The president had been appointed with mutual agreement and he would take the bank on the route of development for next 22 months with the co-operation of all. Speaking on the occasion the vice president of Kaskard Bank, Ishwar Naik, has said that many famous personalities have done lot of good work during their presidential tenure, and he himself had taken the bank on lines of progress during his term. The vice president of bank Mahesh Naik and general manager Vasu Naik were present on the occasion.
Speaking about the ex-president of bank Sunil Naik, the new president Devidas Naik has said that the former had kept aside the progress of bank and had followed a non-elementary behavior, which made other directors present a non-confidence motion against him. Issuing a press release, the newly elected president has made a number of accusations against the ex-president. He has alleged that Sunil Naik was not bothered about the indemnity when he provided a loan which was a great drawback in banking business. Also, he would not follow rules while appointing the bank staff. Disgusted over this behavior, one of the directors of bank Damoder Naik had resigned from the directorship. Also he had a role in creating a negative propaganda for bank by circulating insulting posts regarding the directors and other staff of the bank on WhatsApp, he alleged. He said that they had no option other than taking strong step against him.