Srinagar, Dec. 25 -- The RBI has approved the appointment of Amitava Chatterjee as Managing Director & Chief Executive Officer of Jammu & Kashmir Bank.

According to an RBI communique, Chatterjee (holding a key position in the State Bank of India)would hold the position for three yrs 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.

Published by HT Digital Content Services with permission from The Kashmir Monitor....