RBI Approves Appointment of S Krishnan as Chairman of J&K Bank

In a significant leadership development, S Krishnan, a seasoned banking professional, has been appointed as the part-time chairman of Jammu and Kashmir Bank (J&K Bank). The Reserve Bank of India (RBI) has approved his appointment, which officially came into effect on November 13, 2025, and will continue till March 26, 2028.

This move is expected to bring robust leadership and strategic guidance to the Srinagar-headquartered bank, especially in its efforts to strengthen governance and expand operations.

Who is S Krishnan?

S Krishnan is a veteran banker with decades of experience in public sector banking. He previously held leadership roles, including,

• Managing Director & CEO of Punjab & Sind Bank, where he played a key role in restructuring and improving operational efficiency.
• MD & CEO of Tamilnad Mercantile Bank, where he worked on digital expansion and profitability enhancement.

Currently, he also serves as an independent director on the board of J&K Bank, bringing firsthand understanding of the institution’s operations and strategic direction.

What His Appointment Means for J&K Bank

The appointment comes at a time when J&K Bank is focusing on enhancing its compliance, transparency, and growth orientation, especially in the Union Territory and adjoining states.

Krishnan’s leadership is expected to,

• Strengthen governance frameworks, especially in risk management and board oversight.
• Help drive financial inclusion and digital banking initiatives in underbanked regions.
• Boost investor confidence and stakeholder engagement.

Align the bank’s strategy with national financial priorities and regional economic development.

Term Details and Institutional Support

• Appointment Duration: November 13, 2025, to March 26, 2028.
• Position Type: Part-time Chairman (Non-Executive).
• Approval: Cleared by RBI after prior board approval by J&K Bank in August 2025.

This structured succession plan showcases the regulatory emphasis on board-level professionalism and sectoral experience, key for public sector banks operating in sensitive or strategic regions.

Static Facts

• Appointee Name: S Krishnan
• New Role: Part-time Chairman, J&K Bank
• Appointment Term: November 13, 2025 – March 26, 2028
• Former Roles: MD & CEO, Punjab & Sind Bank; Tamilnad Mercantile Bank
• Regulatory Body: Reserve Bank of India (RBI)
• Bank Headquartered At: Srinagar, Jammu & Kashmir