Srinagar, Oct. 27 -- 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.

The appointment is effective from the date of taking charge or April 10, 2022, whichever is earlier, the bank said.

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, the bank said.

Previously, 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 tra...