Jammu Kashmir Bank Elevates Two GMs, Promotes Over 1,400 Officers

SRINAGAR: Jammu and Kashmir Bank has elevated two senior executives, Sunit Kumar and Imtiyaz Ahmad Bhat, to the rank of Chief General Managers (CGMs), reinstating the top-tier management designation after more than two decades. The move is part of a larger career progression exercise aimed at strengthening the bank’s leadership pipeline and recognising internal talent.

Sunit Kumar, previously Divisional Head (Jammu), and Imtiyaz Ahmad Bhat, who headed the Strategy and IT vertical, both joined the bank as probationary officers in 1989 and bring decades of strategic and operational experience.

In addition, nine Deputy General Managers (DGMs) have been promoted to General Managers (GMs), including Tariq Ali, Khursheed Muzaffar, Arshad Qadri, Rakesh Magotra, Ajay Kohli, Ashok Gupta, Nishikant Sharma, Mohammad Muzaffar Wani, and Altaf Hussain Kira.

MD and CEO Amitava Chatterjee congratulated the promoted officers and emphasised the significance of reintroducing the CGM level. “It is a proud moment for us to see our own officers rise through the ranks to take up leadership positions. Reintroducing the CGM post is part of our broader strategy to strengthen succession planning and enhance our leadership bandwidth,” he said.

He noted that the move aligns with the bank’s vision to expand its business and geographical footprint, adding, “We require stronger leadership at the top to drive growth and regulatory objectives with greater focus.”

The bank has also undertaken a wide-ranging promotion drive over the past four months, benefiting over 1,400 officers across various levels. This includes the promotion of 14 AGMs to DGMs, 41 Chief Managers to AGMs, 36 Senior Managers to Chief Managers, 392 Managers to Senior Managers, and 752 Assistant Managers to Manager level.

As part of its Fast Track promotion initiative, the bank has already conducted online examinations to fill assessed vacancies in the Manager and Chief Manager cadres. Promotions in the workmen cadre are also under process.

The MD & CEO reaffirmed the bank’s commitment to merit-based growth, stating, “Grooming and timely elevation of our own talent strengthens the institutional core and infuses our vision with renewed energy.”