J&K Bank CFO Rajni Saraf’s term extended by 6 Months

 

Srinagar, June 03(KNB): The term of Jammu and Kashmir Chief Financial officer Rajni Saraf has been extended by another six months or till the appointment of new CFO, as issued in an order.

Importantly, the order issued by company secretary Jammu and Kashmir Muhammad Shafi Mir reads as,” REGULATION 30 OF SEBI (LISTING OBLIGATIONS AND DISCLOSURE
REQUIREMENTS) REGULATIONS 2015 – EXTENSION IN THE TERM OF CFO
Further to our letter no. JKB/BS/F3652/2020/373 dated 4
th January, 2020 and pursuant to
Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015,
we wish to intimate that the Board of Directors of the Bank has extended the term of Mrs Rajni Saraf as Chief Financial Officer of the Bank for a period of 6 months w.e.f. 5th April, 2020 or till the appointment of new CFO, whichever is earlier. This is for your information and appropriate dissemination.”

Pertinently, the Board of Directors of the bank appointed Rajni Saraf as chief financial officer of the bank for a period of 6 months with effect in the year July 2019 which was extended in January for another six months and now in a recent order the J&K bank has order the extension period for another six months or till the appointment of new CFO.

Saraf has excellent experience of heading the Supervision and Control Division for its various branches. From residential and commercial to corporate branches, she has led supervision for all. She has both worked in zonal as well as corporate office.(KNB)