Ladakh chief secretary, retired SBI officer appointed directors on J&K Bank’s Board

STC NEWS MONITORING DESK
SRINAGAR, APRIL 22 (STC):
Jammu & Kashmir Bank has strengthened its board by appointing senior bureaucrat Ashish Kundra as an Additional Director in the category of rotational directors, effective April 23, 2026, subject to shareholder approval, reveals an update from the Bank.
Kundra is currently Chief Secretary of the Union Territory of Ladakh and is an experienced IAS officer with a background in governance, development finance, infrastructure, and administration across multiple states and union territories, says the J&K Bank update. It further states that placing Kundra on the Board of the Bank is expected to add public-policy and regulatory depth to the bank’s oversight.
Meanwhile, reports further states that the bank has also appointed veteran banker Pravin Raghavendra as an Additional Director in the category of independent directors for a three-year term from April 23, 2026 to April 22, 2029, contingent on shareholder approval. Raghavendra is a retired Deputy Managing Director & Chief Operating Officer of State Bank of India with extensive experience in operations, digital transformation, risk governance, and SME and agriculture lending. His inclusion as per the bank update is ‘likely to bolster J&K Bank’s strategic direction, operational discipline, and risk management as it competes in a rapidly evolving Indian banking landscape.’

(Straight Talk Communications)