The Jammu & Kashmir Bank Limited has informed the Exchange regarding Appointment of Mr Arun Gandotra as Independent Director of the company w.e.f. August 26, 2025. subject to approval of Shareholders
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Jammu & Kashmir Bank announced two board changes on August 26, 2025. Mr. Sudhir Gupta has been re-appointed as Executive Director for a term from December 13, 2025 to November 30, 2027, subject to RBI approval. He is a 35+ year veteran of the bank who joined as a Probationary Officer in 1989 and previously led J&K Grameen Bank. Separately, Mr. Arun Gandotra has been appointed as an Additional Independent Director for three years, subject to shareholder approval. Mr. Gandotra retired from J&K Bank in August 2021 as Executive President after 35 years of service, with deep experience in treasury, credit, and forex operations.
The changes bring continuity at the executive level with an internal re-appointment and add a familiar banking veteran to the independent director bench. No immediate disruption to shareholders; the re-appointment still awaits RBI clearance, and Gandotra's appointment needs shareholder approval.