Soon after surpassing Rs. One lac crore business target, J&K Bank today strengthened its top management by promoting two of its presidents to the post of Executive President, while as three vice-presidents were elevated to the level of presidents.
Chairman & Chief Executive Officer, Mr. Mushtaq Ahmad issued the orders in this regard today.
While commenting on these elevations, he said, "The promotions are part of the Bank's plan to allow further momentum at the leadership level to consolidate upon growth and expansion."
Executive President Abdul Hamid Banday shall be heading the Bank's key divisions of Strategy and Business Development, Technology & Information Systems, Asset Monitoring & Information, Remission & Settlements, Branch Authorization, Deployment and Management of ATMs.
While as Executive President O P Sharma will head the Finance & Risk Management, Supervision & Controls, Law & Government Business, Lead Bank & Financial Inclusion, CSC Project and Security related matters.
Meanwhile, those elevated as presidents are Rajesh Kumar Chibber, Mohammad Amin Mir and Pushap Kumar Tickoo.