Srinagar, July 5 -- J&K Bank has appointed General Manager Rakesh Magotra as its Chief Compliance Officer (CCO) and Group Compliance Officer (GCO) for a period of three years. The appointment was approved by the Bank's Board of Directors and informed to the stock exchanges through a regulatory filing on Saturday.

A seasoned banking professional with over decades of experience, Rakesh Magotra succeeds Peer Masood Ahmad as the Bank's Chief Compliance Officer. His appointment underscores the Bank's continued commitment to further strengthening its compliance framework, governance standards and regulatory oversight.

Prior to assuming the new role, Rakesh Magotra served as General Manager & Head of the Retail Banking Division, where he led t...