J&K govt withdraws nomination of Zubair Iqbal as director from BOD of J&K Bank
Srinagar: Jammu & Kashmir government has withdrawn nomination of Zubair Iqbal as director from the Board of Directors of Jammu & Kashmir Bank.
“Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, we wish to intimate that Mr. Zubair Iqbal , Govt. nominee Director (DIN:08742685) has ceased to be the Director of the Board of Bank consequent upon withdrawal of his nomination by the Government of Jammu & Kashmir,” reads an official document , a copy of which is lying with news agency—Kashmir News Observer (KNO)
This information was submitted by Muhammad Shafi Mir, company secretary, J&K Bank to National Stock Exchange of India Limited and BSE Limited.
Zubair Iqbal was nominated as the first managing director of J&K Bank in May last year but his appointment was not cleared by the Reserve Bank of India.
He was nominated as the first managing Director of J&K Bank after a rigorous process of selection overseen by a high- level three-member committee under chairmanship of Tapan Ray, ex -Union Corporate Affairs Secretary, Arun Kumar Mehta, Financial Commissioner, Anand Madhukar, Officer on Special Duty, Department of Financial Services, Ministry of Finance, Government of India.
Kashmir Images is an English language daily newspaper published from Srinagar (J&K), India. The newspaper is one of the largest circulated English dailies of Kashmir and its hard copies reach every nook and corner of Kashmir Valley besides Jammu and Ladakh region.
