Govt Starts Hiring Process of New J&K Bank MD-CEO

The Government of Jammu & Kashmir has initiated the hiring process for a new Managing Director and Chief Executive Officer (MD-CEO) of J&K Bank. This announcement was made official on September 22, 2024, following Government Order No. 300-JK (Finance) of 2024, dated September 1, 2024.

According to an order, a dedicated Search Committee has been established to oversee the selection process. This committee is responsible for proposing four candidates, from which two will be shortlisted and recommended to the Reserve Bank of India for final selection. The committee is chaired by the Additional Chief Secretary of the Jal Shakti Department, with other high-ranking officials from the Finance Department also participating.

This recruitment marks a significant step for J&K Bank, which has a long history since its incorporation in 1938, and is crucial for its leadership and strategic direction moving forward.

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