trending Market Intelligence /marketintelligence/en/news-insights/trending/wswimrosudy6j2d8rspnjg2 content esgSubNav
In This List

Jammu & Kashmir Bank denies report on board push to split CEO, chairman role

Blog

Commercial Banking: June 22nd Edition

Blog

Commercial Banking Newsletter June Edition - 2022

Podcast

Street Talk | Episode 96: Considering recession risks, prospects that the Fed achieves a 'soft landing'

Case Study

Actions to Reduce Emissions at an Asian Financial Services Firm


Jammu & Kashmir Bank denies report on board push to split CEO, chairman role

Jammu & Kashmir Bank Ltd. denied a media report that said its board is pressuring management to split the role of chairman from that of CEO.

The Indian bank said a Business Standard report claiming that the board is putting pressure on management to split the roles "is factually incorrect and appears to be fabricated."

The publication reported Feb. 16 that board members want Parvez Ahmed to either retain his role as CEO or as chairman but not both. He was appointed as CEO and chairman of the bank in 2016 for a three-year term.