Jammu & Kashmir Bank has announced significant changes to its leadership structure, reinforcing its commitment to strong governance and strategic growth. The bank's Board of Directors has approved key appointments that are set to shape its future direction.

Executive Director Re-appointment

The Board has given the green light for the re-appointment of Mr. Sudhir Gupta as Executive Director. This extension of Mr. Gupta's tenure is slated from December 13, 2025, to November 30, 2027, pending approval from the Reserve Bank of India (RBI).

Mr. Gupta, a veteran banker with over 35 years of experience, has been an integral part of Jammu & Kashmir Bank since joining as a Probationary Officer in 1989. His extensive banking career has seen him rise through the ranks, holding crucial positions across various domains of the bank.

In his current role as Executive Director, Mr. Gupta oversees several critical verticals, including:

• Treasury
• Credit
• Customer Service
• Strategy & IT
• Finance
• Government Banking
• Corporate Communication

His reappointment is seen as a move to ensure continuity in the bank's strategic initiatives and operational excellence.

New Independent Director

In another significant move, the Board has appointed Mr. Arun Gandotra as an Additional Director in the Independent Directors category. This appointment is for a three-year term, subject to shareholder approval.

Mr. Gandotra brings a wealth of experience to the board, with 35 years in the banking sector. His journey with Jammu & Kashmir Bank began in 1986 when he joined as a Probationary Officer, and he retired in 2021 after serving as Executive President.

Key highlights of Mr. Gandotra's expertise include:

• Treasury Operations
• Credit Risk Management
• Forex Operations
• Depository Services
• Branch Operations

His appointment is expected to bring valuable insights and strengthen the bank's governance structure.

Leadership Continuity and Expertise

These appointments reflect Jammu & Kashmir Bank's strategy to balance continuity with fresh perspectives in its leadership team. The blend of Mr. Gupta's ongoing executive role and Mr. Gandotra's addition as an independent director is poised to contribute to the bank's growth trajectory and operational efficiency.

The bank's focus on leveraging experienced professionals with deep understanding of its operations and the broader banking landscape underscores its commitment to navigating the evolving financial sector with confidence and expertise.

As Jammu & Kashmir Bank continues to strengthen its position in the market, these leadership changes are anticipated to play a crucial role in shaping its future strategies and enhancing its competitive edge in the banking industry.

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.