15 March 2022, Mumbai:
At a glittering event, GJEPC the apex body of the gem & jewellery trade in India, felicitated Bijayananda Pattanayak, Executive Vice President and Head - Global Diamond & Jewellery Group, IndusInd Bank, for his unstinted service to the diamond and jewellery industry.
The felicitation ceremony was held in the presence of Colin Shah, Chairman, GJEPC; Arun Khurana, Deputy Managing Director, IndusInd Bank; Vipul Shah, Vice Chairman, GJEPC; Russell Mehta, Convener Diamond Panel, GJEPC; Ajesh Mehta, Convener, Banking, Insurance & Taxation Sub-Committee, GJEPC along with other prominent trade members from the diamond and jewellery industry and banking fraternity.
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Expressing his gratitude to Pattanayak, Colin Shah, Chairman, GJEPC, said, “Biju Bhai's deep understanding of the entire chain of operations -- right from sourcing of rough diamonds to selling of jewellery -- makes him the true master of financing in the gem and jewellery trade.
Thanks to his keen analytical mind and knack for maintaining meaningful personal relations with all his clients, over the past few years, Biju Bhai has been the driving force in making IndusInd Bank one of the leading financiers for in mid-stream segment of the diamond supply chain.” Bijayananda Pattanayak, said, “It's an overwhelming moment for me to be honoured by GJEPC and the industry veterans who have been working with me for so many years.
The industry has seen a lot of transition over the years, mostly for the good. And there were times when banking was very difficult when we went through so many ups and downs.
But the GJEPC has played a stellar role in helping to implement progressive, game-changing reforms, such as the Diamond Dollar Account.”
Vipul Shah, Vice Chairman, GJEPC said, “Indian banks have played a significant role in supporting the diamond industry from its infancy all through its journey of becoming No. 1 in the midstream segment.
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CREDITS: GJEPC (The news article has not been edited by DFU Publications staff).
