Pervez Ahmad removed as chairman J&K Bank,

Sachnews Jammu Kashmir :
SRINAGAR, June 08:
Jammu and Kashmir Government today appointed RK Chhibber as the interim chairman and the Director on the Board of Directors of the J&K Bank.
Chhibber will replace Pervez Ahmad Nengroo , who was appointed in 2016 as the chairman of the bank.
In an order issued today, the Government said: “Parvez Ahmad, Chairman cum Managing Director, shall cease to be Director on the Board of Directors of the Bank and consequently be no longer the Chairman cum Managing Director of the bank.”
“RK Chhibber is hereby nominated as the Director on the Board and may be further appointed as the intermin Chairman cum Managing Director of the Board,” the order read further.
“These directions shall come into effect immediately,” read the order.
Soon after the transfer Of J&K Bank Chairman,State Vigilance Department Raids J&K Bank Headquarters Srinagar. reports said.

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