Srinagar, Dec 24 (KNO): The RBI has approved appointment of Amitava Chatterjee as Managing Director & Chief Executive Officer of Jammu & Kashmir Bank.
According to a RBI communique, a copy of which lies with the news agency—Kashmir News Observer (KNO), 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, 2014.
"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—(KNO)