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J&K Bank appoints Rajni Saraf as CFO

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Srinagar, Jul 06: Jammu and Kashmir Bank Saturday announced the appointment of Rajni Saraf as its chief financial officer (CFO).

"The Board of Directors of the bank has appointed Rajni Saraf as chief financial officer of the bank for a period of 6 months with effect from July 05, 2019," bank said in a regulatory filing.

Having experience of more than three decades in the banking industry, Saraf currently heads the Supervision and Control Division of the bank and will now oversee its financial operations that include investments, capital structure, income and expenses of the bank, bank said in a statement.

Last month, R K Chibber was appointed as the interim chairman of the bank following removal of Parvez Ahmed as CMD by the Jammu and Kashmir administration.

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