Announced Sat, 4 Jul · 17:35 IST
J&K Bank appoints Rakesh Magotra as new Chief Compliance Officer
J&KBANK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-1.2%1-day move
₹165.01
prior close
₹165.01
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.6+0.1+0.2-0.1-1.2+0.8+2.5+15.8+10.8+11.5+7.6———
Up moveDown movePending
AI summary
Board appointed Mr Rakesh Magotra as Chief Compliance Officer and Group Compliance Officer for 3 years from July 4, 2026, replacing Mr Peer Masood Ahmad who ceased from the role. Magotra is an internal appointee with 30 years of banking experience, previously serving as General Manager and Head of Retail Banking. He is an alumnus of NIT Jaipur and IIM Amritsar and is pursuing a PhD at IIM Jammu.
Likely market impact
Routine KMP transition. Internal appointment signals continuity and a focus on strengthening compliance and governance standards at the bank.