New Delhi, Aug 2: J&K Bank on Wednesday said its board has approved the appointment of S Krishnan as non-executive chairman of the bank for a period up to March 26, 2028.
His appointment would be effective from the date of approval from the Reserve Bank of India (RBI), J&K Bank said in a regulatory filing.
The bank’s board, in its meeting held on August 25, took the decision in this respect, it said.
Krishnan, currently an independent director on the board of Srinagar-headquartered bank, served as MD & CEO of state-owned Punjab & Sind Bank.
Subsequent to superannuation and pursuant to the approval of the appointment by the RBI, Krishnan took charge as MD & CEO of Tamilnad Mercantile Bank in September 2022.
Krishnan, a veteran banker with more than four decades of experience, is a postgraduate in Commerce and a qualified Cost Accountant.