Kashmir Indepth

J&K Bank CEO Parvez Ahmed removed; RK Chibber gets charge


Prepare for the greatest experience after eating a nutritious breakfast. You will travel over some of the highest passes in the world on your adventure, and you will be greeted by ever-changing vistas of the desolate landscape. Stop at the café on Khardung-La Pass, the highest all-season motorable road in the world, and take in the scenery; you'll feel as though you're on top of the world. Upon leaving Khardung-la, the terrain changes to a white sand desert as you approach the Nubra Valley, which is home to the Nubra Sand Dunes. Visit the Diskit Monastery, the oldest and biggest monastery in Ladakh, which also contains a sizable Buddha statue, if time permits.

Jammu and Kashmir government on Saturday appointed RK Chhibber as the interim chairman and the Director on the Board of Directors of the J&K Bank.

Chhibber will replace Pervez Ahmad, who was appointed as the chairman of the bank in 2016.

In an order issued on Saturday, the government said: “Parvez Ahmad, Chairman cum Managing Director, 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 bank.”

“RK Chhibber is hereby nominated as the Director on the Board and may be further appointed as the intermin Chairman cum Managing Director of the Board,” the order read further.

“These directions shall come into effect immediately,” read the order, signed by Vishal Sharma, additional secretary to the government, Finance Department.

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