The Jammu and Kashmir Bank has announced the appointment of S Krishnan as its new non-executive chairman. The bank’s board made this decision in a meeting held on August 25, and the appointment will be effective once it receives approval from the Reserve Bank of India (RBI). Krishnan’s term as chairman will last until March 26, 2028.
Currently, Krishnan serves as an independent director on the bank’s board. He has a wealth of experience in the banking sector, having previously worked as the Managing Director and CEO of Punjab & Sind Bank, a state-owned bank. After retiring from this position, Krishnan took charge as the MD & CEO of Tamilnad Mercantile Bank in September 2022, following approval from the RBI.
Krishnan’s impressive career in banking spans over four decades. He holds a postgraduate degree in Commerce and is also a qualified Cost Accountant. His extensive experience and qualifications make him an ideal candidate to lead the Jammu and Kashmir Bank as its non-executive chairman.
The appointment of Krishnan as chairman is expected to bring new leadership and expertise to the bank. His experience in managing state-owned and private banks will likely be beneficial in guiding the Jammu and Kashmir Bank’s future growth and development. The bank’s board has made a thoughtful decision in selecting Krishnan for this role, and his appointment is subject to approval from the RBI.
The Jammu and Kashmir Bank is a significant financial institution in the region, and the appointment of a new chairman is a crucial development. With Krishnan at the helm, the bank is likely to undergo significant changes and improvements. His leadership and vision will be essential in shaping the bank’s strategy and direction, and his experience will help the bank navigate the complex banking landscape.
Overall, the appointment of S Krishnan as the non-executive chairman of the Jammu and Kashmir Bank is a positive development for the bank and its stakeholders. His experience, qualifications, and leadership skills make him an ideal candidate for this role, and his appointment is expected to have a positive impact on the bank’s future growth and success.