RK Chibber is new Jammu and Kashmir Bank chairman, Parvez Ahmed removed

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Srinagar: Government of Jammu and Kashmir on Saturday appointed R.K Chibber as new JK bank chairman.

The Governor Administration has removed Pervez Ahmed from the post of Chairman of the bank, states premier financial institution.

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Chhibber who was the executive president of the bank has been appointed Interim Chairman.

As per an order issued by the Finance department today, R K Chhibber has been appointed as interim chairman cum Managing Director of the Board

The order says that Parvez Ahmad Chairman cum Mnnaging Director shall cease to be Director on the Board of Directors of the Bank and consequently be no longer the chairman cum MD of the board.

“R K Chhibber is hereby nominated as the Director on the Board and may be further appointed as the interim Chairman cum Managing director of the Board,” the order says.