Strategic Shift at J&K Bank: Ketan Kumar Joshi Takes Charge as CFO

Image Source : The Tribune

Jammu and Kashmir Bank Ltd has announced a pivotal leadership change with the appointment of Ketan Kumar Joshi as Chief Financial Officer for a threeyear term. This move signals a renewed focus on financial governance and operational modernization.

Key Developments:

Joshi replaces Fayaz Ahmad Ganai, with the appointment officially notified to stock exchanges under SEBI regulations.
His tenure begins immediately, marking a new chapter in the bank’s strategic evolution.

Professional Background:

Joshi brings over 20 years of experience across Indian and international financial institutions.
He previously served as CFO at North East Small Finance Bank Ltd (2019–2024), where he led critical initiatives including a major system migration from FIS (PROFILE) to BSG (TURING).
His international stints include CFO roles at Maiwand Bank, Bakhtar Bank, and Ghazanfar Bank in Afghanistan.
He also held the position of Senior Vice President at Bank of TokyoMitsubishi UFJ Ltd, Mumbai.

Credentials and Expertise:

Joshi is a Commerce graduate and Chartered Accountant.
He holds additional qualifications in CS (Group 1), JAIIB, and IFRS from NIBM.
His track record reflects a strong alignment with regulatory compliance, capital growth, and digital transformation.

Implications for J&K Bank:

Joshi’s appointment is expected to bolster the bank’s financial strategy and enhance its governance framework.
His diverse experience positions him to navigate complex regulatory landscapes and drive innovation.

Sources: Economic Times, The Hindu, Rising Kashmir, J&K Bank Official Website, ET BFSI, APAC News Network.