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I will always remember Dr. Priya Ranjan not only as the Chairman of JK Monitor, but as a mentor, guide and elder brother whose kindness shaped my life and work. Write a tribute at JAMMU: The Indian Institute of Management Jammu inaugurated a five-day Management Development Programme (MDP) on Foreign Exchange Dealing and Risk Management on 8th June 2026 at its Jagti Campus, reaffirming its commitment to strengthening executive education and enhancing industry-relevant competencies in the rapidly evolving global financial landscape. Prof. Nitin Upadhyay, Dean Academics presided over the inaugural ceremony.
The inaugural ceremony was graced by Prof. Prashant Misra, Chairperson, Executive Education and Consultancy; Programme Directors, Prof. Pranab Ranjan Das and Dr. Praveen Kumar.The training programme witnessed participation from banking professionals representing various banks from across India, creating a diverse learning environment that facilitated the exchange of experiences, best practices, and perspectives on foreign exchange operations and risk management in the banking sector
The programme, scheduled from 8th to 12th June 2026, has been designed to equip participants with contemporary knowledge and practical insights into foreign exchange markets, risk assessment, hedging strategies, and financial decision-making in an increasingly interconnected global economy.
The inaugural ceremony commenced with the traditional lighting of the lamp, symbolizing the pursuit of knowledge and excellence. The event witnessed the participation of faculty members, industry professionals, executives, and participants from diverse sectors.
Delivering the inaugural address, Prof. Nitin Upadhyay, Dean Academics, underscored the growing importance of foreign exchange management in the context of globalization, international trade, and financial market integration. He noted that organizations today operate in an environment characterized by dynamic currency movements and evolving financial risks, making specialized knowledge in foreign exchange dealing and risk management indispensable for professionals and decision-makers. He further stated that IIM Jammu remains committed to fostering continuous learning and capacity building through impactful executive education programmes that address emerging business realities and contribute to organizational excellence.
Addressing the gathering, Prof. Prashant Mishra, Chairperson, Executive Education, IIM Jammu, elaborated on the Institute's growing executive education ecosystem and its role in bridging the gap between academic excellence and industry requirements. He emphasized that executive education initiatives at IIM Jammu are designed to empower professionals with cutting-edge knowledge, strategic thinking, and leadership capabilities necessary for navigating contemporary business challenges.
Welcoming the participants, Prof. Pranab Ranjan Das, Programme Director, highlighted the significance of understanding foreign exchange dynamics and risk management practices in today’s volatile and interconnected economic environment. He provided a comprehensive overview of the five-day training programme, outlining its structure, key learning outcomes, and practical orientation. Wishing the participants a rewarding learning experience, he emphasized the importance of active participation, peer learning, and knowledge sharing throughout the programme. He encouraged the participants to make the best use of the training by engaging meaningfully in discussions, exchanging professional experiences, and leveraging the diverse expertise present in the cohort.
The participants introduced themselves and shared their professional backgrounds and expectations from the programme, creating an engaging and collaborative learning environment from the outset.
The formal proceedings concluded with a vote of thanks delivered by Dr. Praveen Kumar, Programme Director, who expressed gratitude to the dignitaries, participants, faculty members, and organizing team for their valuable contributions towards the successful commencement of the programme.
The inaugural ceremony culminated with the National Song and National Anthem, followed by a group photograph and networking session over high tea. Through such specialized Management Development Programmes, IIM Jammu continues to strengthen its position as a leading institution dedicated to nurturing managerial excellence, promoting lifelong learning, and developing future-ready professionals capable of addressing complex global business challenges. The program is being coordinated by IIM Jammu Executive Education and Consultancy.
