J&K Bank Gets New Chairman as RBI Approves S Krishnan

The Reserve Bank of India (RBI) recently approved the appointment of veteran banker S Krishnan as the new part-time Chairman of Jammu & Kashmir Bank, a significant change in the bank’s leadership.​ The selection of S Krishnan as Chairman by the RBI reflects a robust institutional process and promises enhanced governance for J&K Bank.

J&K Bank Gets New Chairman as RBI Approves S Krishnan

Sankarasubramanian Krishnan is a highly experienced professional in the Indian banking sector. Before his new role, Krishnan served as the Managing Director and CEO of Punjab & Sind Bank, where he contributed to restructuring and enhancing operational efficiency. He also led Tamilnad Mercantile Bank as MD & CEO, focusing on digital expansion and profitability.

Krishnan has been an independent director on J&K Bank’s board, which gives him a strong understanding of the bank’s culture and operational needs.​

Details and Tenure of Appointment

The official appointment of S Krishnan as part-time Chairman began on November 13, 2025, and will run till March 26, 2028. The bank’s board had already approved this move in August 2025, and the RBI granted its final clearance after thoroughly reviewing Krishnan’s credentials and professional history.

This part-time, non-executive position places Krishnan in charge of board-level governance and strategy, without involving him in everyday management decisions.​

Importance of J&K Bank Leadership Change

J&K Bank operates mainly in the sensitive Union Territory of Jammu & Kashmir and neighbouring areas. Leadership transitions in such regional banks are vital, as they focus on improving governance, compliance, and strategic direction. With Krishnan’s expertise, the bank aims to:​

• Strengthen risk management and oversight.
• Drive digital banking and financial inclusion projects.
• Enhance investor and stakeholder confidence in the bank.​
• Align with both regional economic growth and national financial priorities.

Impact and Expectations

Krishnan’s appointment is set to support J&K Bank’s ongoing transformation. His strong credentials in both public and private banking will guide improvements in transparency, regulatory compliance, and financial stability. This aligns with the RBI’s broader goal to ensure that all Indian banks, especially those in sensitive regions, operate with top-notch professionalism and sound policies.​