Jammu & Kashmir Bank Appoints Ashish Kundra and Pravin Raghavendra as Additional Directors
The Board of Directors of Jammu & Kashmir Bank Ltd. approved the appointments of two senior professionals, Mr. Ashish Kundra, IAS, and Mr. Pravin Raghavendra, as Additional Directors on the bank’s board. The appointments, subject to shareholder approval, were approved during the board meeting held on Wednesday, April 22, 2026.Under the board's approval, Mr. Ashish Kundra, IAS (DIN: 06966214), was appointed as an Additional Director in the category of Rotational Directors. This appointment is effective from April 23, 2026.
Mr. Pravin Raghavendra (DIN: 09686944) was appointed as an Additional Director in the category of Independent Directors. His tenure will span three years, commencing on April 23, 2026, and concluding on April 22, 2029.
The bank's board meeting commenced at 11:00 A.M. and concluded at 05:20 P.M.
Director Profiles and Appointment Details
| Detail | Mr. Ashish Kundra, IAS | Mr. Pravin Raghavendra |
|---|---|---|
| Role | Additional Director (Rotational Directors) | Additional Director (Independent Directors) |
| Effective Date | April 23, 2026 | April 23, 2026 |
| Term of Appointment | N/A | 3 Years |
| Experience Highlights | An IAS officer of the 1996 batch (AGMUT Cadre). Currently serving as the Chief Secretary, Union Territory of Ladakh, having assumed charge on January 01, 2026. His prior experience includes serving as Commissioner & Secretary in Mizoram and as District Magistrate, Saihat, and Commissioner & Secretary (Development Finance) in Arunachal Pradesh. He previously served as Administrator of the Union Territories of Daman & Diu and Dadra & Nagar Haveli between 2014 and 2018. Mr. Kundra is also the author of the book Resurgent Northeast - Narratives of Change. | A distinguished banking professional with over 35 years of extensive experience in banking, finance, governance, and strategic leadership. Previous roles included Deputy Managing Director (Agri & SME), where he managed major agriculture and MSME portfolios and expanded warehouse receipt financing. He also served as Chief General Manager, Mumbai Metro Circle, successfully leading one of SBI's largest circles during the Covid-19 period. |
| Areas of Expertise | Governance, development finance, infrastructure, and administration. | Banking, finance, governance, and strategic leadership. |
The appointments bring expertise in both state and central administration (Mr. Kundra) and deep experience in the banking and finance sectors (Mr. Raghavendra) to the board of Jammu & Kashmir Bank Ltd.
Stock Price Movement
Jammu & Kashmir Bank Ltd closed today at ₹132.75, recording a gain of 0.38% for the session. Throughout the day, the shares traded between a low of ₹132.10 and an intraday high of ₹134.80.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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