State-owned bank, Jammu and Kashmir Bank on October 27 announced that the Reserve Bank of India (RBI) has approved the appointment of Baldev Prakash as its next managing director and chief executive officer.
The bank said in an exchange filing, The Reserve Bank of India has vide letter dated October 26, 2021 accorded approval to the candidature of Baldev Prakash as MD & CEO of the bank for a period of three years from the date of taking charge or April 10, 2022, whichever is earlier.
The bank said it will separately inform about the appointment of Baldev Prakash as MD & CEO by its board and the actual date of taking charge.
Prakash’s banking career spans across three decades at country’s largest lender, State Bank of India. He has served in different branches and is currently the Chief General Manager (Digital and Transaction Banking, Marketing Department) at SBI in Mumbai.
