Zarai Taraqiati Bank Limited (ZTBL) has established twenty five (25) zonal offices under the new organisational structure of the bank which have become operational and started functioning under the zonal chiefs.
The establishment of twenty five (25) zonal offices is in pursuance of the restructuring of ZTBL field offices as a step towards achieving the goal of transforming ZTBL into a viable and commercially self sustainable institution. Conversion of 49 regional offices into 25 zonal offices is meant to reduce number of field supervisory offices with effective span of management to curtail the establishment costs and improve the capability of field offices for provision of commercial banking services to their clients.
Earlier, the bank's president R. A. Chughtai while unveiling the new organisational structure, addressed the new zonal chiefs and stressed upon the need to realign new business strategies and initiatives to operate on commercial lines and make the institution financially sustainable. He said that the government has set new goals for ZTBL for bank's self-sustainability to re-emerge as key market player and trickling down benefits to small farmers.-PR
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