Excelsior Correspondent
JAMMU, Apr 23: The Board of Directors of J&K Bank has approved the appointment of 1996 batch AGMUT cadre IAS officer Ashish Kundra as an Additional Director in the category of Rotational Directors and distinguished banking professional Pravin Raghavendra as an Additional Director in the category of Independent Directors.
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As per an official communication of the Bank, the appointments were cleared at a Board meeting held on Apr 22, 2026, subject to shareholders’ approval.
While Kundra will assume the charge from Apr 23, 2026, Raghavendra has been appointed for a period of three years from Apr 23, 2026 to Apr 22, 2029, the communication said.
Ashish Kundra, who is currently serving as the Chief Secretary of the Union Territory of Ladakh, has previously held several key positions in the Government of the National Capital Territory of Delhi, including Principal Secretary to the Lieutenant Governor and Transport Commissioner, where he was closely associated with policy formulation, infrastructure development and urban governance.
He also has rich experience in election management, having served as Chief Electoral Officer in Mizoram, and has handled administrative responsibilities in challenging regions.
His service in the North-East included roles as Commissioner and Secretary in Mizoram and as District Magistrate.
He has also served as Administrator of the Union Territories of Daman & Diu and Dadra & Nagar Haveli between 2014 and 2018.
He is also the author of the book “Resurgent Northeast – Narratives of Change,” reflecting his engagement with regional development issues.
Similarly, Pravin Raghavendra brings over 35 years of extensive experience in the banking and financial sector.
He has served in several senior leadership positions at State Bank of India, including as Deputy Managing Director and Chief Operating Officer, where he supervised operations across over 24,000 branches and led initiatives in digital transformation, compliance, risk governance and customer service improvement.
He has also served as Deputy Managing Director (Agri & SME), managing key portfolios related to agriculture and MSME sectors, introducing innovative loan products and strengthening recovery mechanisms.
As Chief General Manager of the Mumbai Metro Circle, he led one of SBI’s largest business regions during the Covid-19 period, achieving strong business growth and improved asset quality.
Academically, he holds qualifications from premier institutions, including the Indian Institute of Banking and Finance and Patna Law College.
Both appointees are not debarred from holding the office of Director by any regulatory authority.
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