Chairman cum Managing Director

Parvez unceremoniously sacked from J&K Bank, Chhibber appointed interim chairman

Minutes after the removal of Ahmad, the state vigilance organisation sleuths raided the corporate headquarters of the bank in Srinagar and were reportedly searching for records of nearly 1,200 appointments made allegedly at the behest of political masters of the previous PDP-BJP government in the state and during Ahmad's tenure.

# Business # India

Government appoints RK Chhibber as interim Chairman of JK Bank

The state government issued an order on Saturday which said, "Parvez Ahmad shall cease to be Director on the Board of Directors of the Bank and consequently be no longer the Chairman cum Managing Director of the board."