HEAT oil in large nonstick skillet on medium-high heat. Add chicken; cover. Cook 4 min. on each side or until cooked through. Remove chicken from skillet; cover to keep warm.
ADD beans, broth, salsa and pepper to skillet; stir. Bring to boil.
STIR in rice and VELVEETA; top with chicken. Reduce heat to low; cover. Cook 5 min. or until rice is tender. Sprinkle with cilantro.
KRAFT KITCHENS TIPS
Omit oil. Spray skillet with cooking spray before adding chicken.
Substitute 1 chicken bouillon cube or packet and 1-1/2 cups water for the canned chicken broth.
RECIPE COURTESY OF KRAFT FOODS