The Reserve Bank of India has approved the appointment of Baldev Prakash as Managing Director and CEO of J&K Bank for a period of three years from the date of taking charge or April 10, 2022, whichever is earlier. The actual date of appointment of Baldev Prakash as MD & CEO of J&K Bank will be announced by the bank subsequently.
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Rajesh Kumar Chhibber is the present Chairman and Managing Director of J&K Bank. He assumed charge of the bank in June 2019. The government of Jammu & Kashmir holds a majority shareholding of 68.18% in the bank. The headquarters of J&K Bank is located in Srinagar.
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