J&K Bank appoints Sankarasubramanian Krishnan Non-Executive Part-Time Chairman

STC NEWS DESK
SRINAGAR, AUGUST 26 (STC):
In a significant development, Jammu & Kashmir Bank has appointed 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 bank’s governance.
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.
The appointment of 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. The close watchers view this strategic move aligning with Jammu & Kashmir Bank’s commitment to leveraging experienced leadership in the banking sector.
Remarkably, 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, Krishnan has demonstrated expertise in various critical areas of banking such as Corporate Credit,Risk Management, Digital Transformation, Financial Management, International Operations etc.
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.
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.

As Jammu & Kashmir Bank awaits RBI approval for this appointment, the stakeholders will be watching closely to see how Krishnan’s leadership will influence the bank’s future strategies and performance in the prevailing competitive banking sector.
(Straight Talk Communications)