Jammu and Kashmir government on Saturday appointed RK Chhibber as theinterim chairman and the Director on the Board of Directors of the J&KBank.
Chhibber will replace Pervez Ahmad, who was appointed in 2016 as the chairman of the bank.
In an order issued on Saturday, the government said: “Parvez Ahmad,Chairman cum Managing Director, shall cease to be Director on the Board ofDirectors of the Bank and consequently be no longer the Chairman cum ManagingDirector of the bank.”
“RK Chhibber is hereby nominated as the Director on the Board and may befurther appointed as the intermin Chairman cum Managing Director of the Board,”the order read further.
“These directions shall come into effect immediately,” read the order,signed by Vishal Sharma, additional secretary to the government, FinanceDepartment.