Mr. J. P. Dua
- Independent Director
Mr.Dua is considered as a stalwart in the Banking Industry in India. In a career spanning over 35 years, he acquired rich experience in banking at various positions and assignments. On 4th of December 2009, Mr. Dua took over as the Chairman & Managing Director of Allahabad Bank Ltd. Prior to joining Allahabad Bank as Executive Director, Mr. Dua was the General Manager (Corporate Credit) at Oriental Bank of Commerce for a period of over two years. He is appointed by Government of India up to August 31, 2012 and retired on 9th September 2012. Later, he spent four years as the Chairman of Board of Industrial & Financial Reconstruction (B.I.F.R) and continued there till January, 2016.
Mr.Dua played a key role in developing many functional areas including credit growth in corporate and retail segments, technology upgradation, business development, enhancing brand image and publicity of the bank. He also helped in entering into tie-ups with Maruti Suzuki Motorcycles for enhancing auto-loans, UAE Exchange for boosting remittance, formation of Credit Counselling Centres and Credit Appraisal Cells at select zonal offices, enhancing Forex business of the bank and many others.
Currently, he is also in the Board of Century Ply Boards Ltd., Capital Trusts Ltd. and Skipper Ltd.