J&K Bank Appoints Veteran Banker Sankarasubramanian Krishnan as Part-Time Chairman
Jammu & Kashmir Bank has appointed Sankarasubramanian Krishnan as Non-Executive Part-Time Chairman, pending RBI approval. Krishnan, with over 40 years of banking experience, will serve until March 2028. He has previously held leadership positions at Punjab & Sind Bank, Tamilnad Mercantile Bank, Syndicate Bank, and Canara Bank. Krishnan brings expertise in corporate credit, risk management, digital transformation, and has received industry recognition for his contributions to the banking sector.

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Jammu & Kashmir Bank has taken a significant step in strengthening its leadership by appointing Mr. Sankarasubramanian Krishnan as its Non-Executive Part-Time Chairman, subject to approval from the Reserve Bank of India (RBI). This decision, made by the bank's Board of Directors, marks a new chapter in the institution's governance.
Appointment Details
The appointment of Mr. Krishnan is set to be effective from the date of RBI approval and will continue until March 26, 2028, coinciding with the completion of his first term as an Independent Director on the bank's board. This strategic move aligns with Jammu & Kashmir Bank's commitment to leveraging experienced leadership in the banking sector.
Impressive Banking Credentials
Mr. Sankarasubramanian Krishnan brings a wealth of experience to his new role, with over four decades in the banking industry. His illustrious career includes:
- Serving as MD & CEO of Punjab & Sind Bank (September 2020 to May 2022)
- MD & CEO role at Tamilnad Mercantile Bank Ltd. (September 2022 to June 2024)
- Executive Director positions at Syndicate Bank (November 2017 to March 2020) and Canara Bank (April 2020 to September 2020)
Expertise and Achievements
Throughout his career, Mr. Krishnan has demonstrated expertise in various critical areas of banking:
- Corporate Credit
- Risk Management
- Digital Transformation
- Financial Management
- International Operations
- Integrated Treasury
His tenure at Punjab & Sind Bank was particularly noteworthy, as he led a comprehensive transformation of the bank across multiple domains, resulting in the institution recording its highest-ever profit in the 2021-22 financial year.
Educational Background
Mr. Krishnan's academic credentials complement his extensive practical experience:
- Postgraduate in Commerce
- Qualified Cost Accountant
- Certified Associate of Indian Institute of Bankers (CAIIB)
- Completed Certification Programme in IT and Cyber Security for Board members conducted by IDRBT
Industry Recognition
Mr. Krishnan's contributions to the banking sector have not gone unnoticed. He has received numerous awards and accolades over his four-decade journey in the financial sector. His expertise has also been recognized through his participation in key industry committees:
- Member of the Managing Committee of Indian Banks' Association (IBA)
- Alternate Chairman of IBA's Standing Committee on Agriculture & Allied Activities
- Member of IBA's Sub-Committee on Performance Management System in Public Sector Banks
Looking Ahead
The appointment of Mr. Sankarasubramanian Krishnan as Part-Time Chairman is expected to bring valuable insights and strategic direction to Jammu & Kashmir Bank. His extensive experience in various aspects of banking, including risk management, digital initiatives, and corporate governance, positions him well to guide the bank through the evolving financial landscape.
As Jammu & Kashmir Bank awaits RBI approval for this appointment, the financial community will be watching closely to see how Mr. Krishnan's leadership will influence the bank's future strategies and performance in the competitive banking sector.
Historical Stock Returns for Jammu & Kashmir Bank
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
-1.86% | -3.89% | -3.60% | +4.26% | -7.70% | +456.47% |