RBI approves appointment of Amitava Chatterjee as MD& CEO of J&K Bank

Srinagar, Dec 24 : The RBI has approved appointment of Amitava Chatterjee as Managing Director & Chief Executive Officer of Jammu & Kashmir Bank.

According to a RBI communique, Chatterjee (holding a key position in State Bank of India)would hold the position for a period of three years w. e.f December 30, 2024.

“In case Shri Chatterjee is not able to take charge as MD&CEO on December 30, 2024, the bank is advised to immediately propose a suitable interim arrangement (to be made effective post the close of business hours on December 29, 2024) for RBI’s approval, along with a copy of the Board’s resolution, “reads the communique.