StockWatch
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Private Sector Bank
Management Change22 Apr 2026, 05:41 pm

J&K Bank Appoints Ashish Kundra (IAS) & Pravin Raghavendra as Directors

AI Summary

Jammu & Kashmir Bank Ltd. announced the appointment of Mr. Ashish Kundra, IAS, and Mr. Pravin Raghavendra as Additional Directors to its Board, effective April 23, 2026. Mr. Kundra, an IAS officer and current Chief Secretary of Ladakh, will serve as a Rotational Director, bringing extensive experience in governance, development finance, and administration. Mr. Raghavendra, a seasoned banking professional with over 35 years of experience, including as Deputy Managing Director & COO at State Bank of India, is appointed as an Independent Director for a three-year term. These appointments, approved by the Board on April 22, 2026, are subject to shareholder approval.

Key Highlights

  • J&K Bank appointed two new additional directors to its Board.
  • Ashish Kundra, IAS, joins as a Rotational Director from April 23, 2026.
  • Pravin Raghavendra appointed as Independent Director for three years.
  • Kundra brings extensive governance and administration experience.
  • Raghavendra offers over 35 years of banking and strategic leadership expertise.