Parvez Ahmad is new JK Bank Chairman

RBI approves appointment w.e.f Oct 6, 2016

Srinagar, Publish Date: Oct 1 2016 12:14AM | Updated Date: Oct 1 2016 12:14AM
Parvez Ahmad is new JK Bank ChairmanFile Photo

The Reserve Bank of India (RBI) has approved the appointment of Parvez Ahmad as Chairman and Chief Executive Officer (CEO) of the J&K Bank for three years w.e.f. October 6, 2016. The state government received the RBI affirmation in this regard on Friday, officials said.

Parvez Ahmad will be the first in-service and second in-house Chairman and CEO of the bank.

“Having rich experience of almost two decades in banking and financial services, Parvez Ahmad is currently the senior most Executive President of the bank. Well-known in the banking circles, he commands respect both within the bank and outside,” a Bank spokesman said.

Notably, J&K Bank Board of Directors had forwarded a panel of three candidates topped by Parvez Ahmad for chairmanship to the RBI for approval.

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