Rons Bantwal

Mumbai, Feb 3: In a recognition of exceptional leadership and innovation in cooperative banking, Suryakanth Jaya Suvarna, executive chairman of Bharat Cooperative Bank (Mumbai) Limited, was conferred with the ‘Iconic Leader’ Youth Chairman Award–2025.

The award was presented at a cooperative banks’ conference jointly organised by the National Cooperative Banks Union of India (NCUI), National Federation of Urban Cooperative Banks (NAFCUB), Karnataka Urban Cooperative Banks Federation (KSUCBF), and Eplus Intellectual Media, held last Saturday at the Novotel Star Hotel auditorium in Kapoli.

The ceremony, attended by eminent figures from the banking sector, saw Gopal Murali Bhagat, deputy chief executive of the Indian Banks’ Association (IBA), present the award plaque to Suvarna and congratulate him on his achievements.

Dinesh B Salian, joint managing director of Bharat Bank, and chief information security officer (CISO) Bhaskar Rao were also present.

The award recognises youthful leadership, vision, and innovation within the cooperative banking sector. The committee highlighted Suvarna’s remarkable contribution to the bank’s growth, customer trust, and overall development, especially for assuming the role of executive chairman at a young age. Under his leadership, Bharat Bank has implemented modern technology, expanded digital banking services, and made significant strides in customer satisfaction.

Organisers noted that Suvarna has become a symbol of youthful dynamism and modern thinking, successfully guiding both customers and the institution towards progress.

On receiving the award, Suvarna said: "This award is the result of the collective effort and dedication of our board of directors and the entire Bharat Bank team. While providing modern banking services to the younger generation, we remain committed to preserving the traditional principles of cooperation. We are harnessing advanced and innovative technologies in digital transformation, cyber security and customer-centric services. Our goal is to provide every customer with a safe, fast and reliable banking experience."

He added, "Awards are not merely personal honours; they reflect excellence across the cooperative banking sector. Cooperative banks play an invaluable role in making banking accessible to all. This recognition motivates us to move forward with even greater responsibility."

In the digital era, cooperative banks must set new standards in technology adoption, cyber security, and customer service. According to Suvarna, Bharat Bank’s initiatives are now a benchmark at the national level, demonstrating how youthful leadership and modern technology can shape the sector’s future. The award marks another milestone in Bharat Bank’s journey of excellence, reflecting strong leadership, team coordination, and the dedication of the entire bank family.

"Cooperative banking is the backbone of India’s economic development. Through our bank, we aim to grow together and move forward together," Suvarna emphasised.