The Jammu and Kashmir Bank Limited announced that Mr. Pratik D Punjabi, Chief Financial Officer has tendered resignation from the services of the Bank effective from April 05, 2024 to explore professional opportunities outside the Bank. He was advised by the competent authority to time his relieving post finalization of the financial results and completion of the annual audit for Fiscal Year 2023-24 but owing to non- receipt of any formal commitment from him to this effect, the company making this disclosure as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015.

While the process of appointing CFO is likely to be completed in next two weeks, the Bank has identified Mr. Fayaz Ahmad Ganai as ?officer in-charge? to take over from Mr. Pratik D Punjabi from April 05, 2024 (A.N.) onwards. Mr. Fayaz Ahmad Ganai is a Chartered Accountant and has been associated with the Bank since the year 2009 in various key roles/function (Concurrent Audit, Balance Sheet Management, Taxation, GST) with overall experience of 15 years in the field of accountancy /financial management.