Zubair Iqbal Appointed as the New MD of J&K Bank

The Jammu & Kashmir Government has appointed senior vice president of HDFC Bank Zubair Iqbal, as the new Managing Director (MD) of Jammu and Kashmir (J&K) Bank for a period of three years.
RK Chibber, who currently holds the position of Chairman and Managing Director (CMD) of J&K Bank, will continue to serve as the Chairman of the bank for next three years.
The appointments are based upon the continuous directions by the Reserve Bank of India (RBI) to separate the positions of Chairman and Managing Director for better governance.