Srinagar, Oct 27 (KNS): The Reserve Bank of India (RBI) has approved the candidature of Baldev Prakash as Managing Director and Chief Executive Officer of Jammu and Kashmir Bank for a period of three years, reports said on Wednesday. 

As per reports, the bank said that the appointment is effective from date of taking charge or April 10, 2022, whichever is earlier.

“The appointment of Baldev Prakash as MD & CEO by the Board of the Bank and the actual date of his taking charge shall be communicated separately.”

Notably, Baldev Prakash was working with State Bank of India in various capacities including as Chief General Manager (Digital and Transaction Banking Marketing) responsible for framing bank level policy and strategy for developing and providing digital and transaction banking services to all corporate clients of the Bank. (KNS)