The need for professional ethics and human values in financial sector was the focus of a three-day leadership clinic attended by about 30 executive directors and chief executive officers of nationalised banks. The clinic, organised by the Indian Institute of Management, Kozhikode (IIM-K), was led by IIM-K Director Debashish Chatterjee and his colleagues. It concluded on Wednesday.

Rajiv Takru, Secretary-in-Charge of Banking in the Ministry of Finance, addressed the participants.

The objective of the clinic was to teach alternative dimensions of leadership in the prevailing banking scenario. “A crisis of leadership in the global banking industry was glaringly evident in the recent financial crisis. Many large institutions failed to transform the unfolding events into strategic opportunities, “an IIM-K press note said, explaining the relevance of the programme.

Among the participants were Usha Ananthasubramaniam, executive director, Punjab National Bank; Ashok Kumar Gupta, executive director, Canara Bank; and Raj Kumar, executive director, Indian Bank.