Ketan Kumar Joshi assumed charge as Chief Financial Officer of Jammu and Kashmir Bank
Consequent upon the assumption of charge by the new CFO, Mr. Fayaz Ahmad Ganai has ceased to be the Chief Financial Officer of the Bank.
New Delhi: Mr. Ketan Kumar Joshi has joined and taken charge as Chief Financial Officer of the Jammu and Kashmir Bank Ltd with effect from today i.e 17th July, 2025.
Consequent upon the assumption of charge by the new CFO, Mr. Fayaz Ahmad Ganai has ceased to be the Chief Financial Officer of the Bank.
He has been serving as Chief Financial Officer (CFO) at North East Small Finance Bank Ltd from August 2019 till June 2024. His experience has been shared as follows:
• Successfully sold stressed portfolio of around Rs. 535 Crore to ARC & helped the Bank in cleaning its Balance Sheet.
• Successfully completed the initial process of merger of a Bangalore based Fintech with NESFB.
• Successfully raised Equity through Private Placement to the tune of around Rs. 97 Crore & brought in marque Foreign Investors in NESFB.
• Successfully completed the Migration of the Bank from FIS (PROFILE) system to BSG (TURING) with coordinated efforts from IT Team.
• Ensured to keep capital in tandem with Business Growth & also helped necessary equity dilution in line with regulatory framework, which is ongoing.
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Deputy Vice President – Head Finance & Accounts at IndusInd Bank Ltd from March 2008 to October 2011:
• Arrangements & raising of Funds for Capital Adequacy Management in the form of Tier II Bonds/ Upper Tier II Bonds/ IPOs/ QIPs.
• Coordinating with Central Bank/ RBI officials/ Statutory Central Auditors on the matter of financial analysis.
• Monitoring Computation of DTL / NDTL & maintenance of CRR / SLR with RBI.
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• Member of Operation Risk Management Committee of Mumbai Branch.
• Dealing in Treasury related transactions. Updated the processes & also initiated the Treasury related policies.
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