SRINAGAR: Jammu and Kashmir Bank has thrown up a surprise. At the year’s end, it informed SEBI that it has appointed Ms Shahla Ayoub, an assistant professor in economics, as the bank’s additional independent director on the bank’s Board.

Shahla Ayoub (Additional Director on JK Bank Board)

The decision was taken by the bank’s Board of Directors on December 26, 2022. The appointment has been made for three years.

The bank has shared a profile of Ms Shahla Ayoub and identified her as a “young Economist of J&K”, who is presently working as an Assistant Professor in the Department of Higher Education.

Ms Shahla, the communication said has worked as an Assistant Director in Economics and Statistics, Department of Planning, Government of J&K before joining the Department of Higher Education. “She brings to Board an affluence of Economic expertise and perspicacity,” the communication reads. “She has a yearning and yawning interest in the field of economic research, especially in the areas of conflict economics, financial inclusion and developmental economics.”

To her credit, the profile reads, Ms Shahla has to her credit a number of publications, “out of which following have carried more impact; i. Good Governance: Indian issues and concerns (published in European Academic Research, Vol III, issue X; Jan 2016, ISSN No 2286-4822). ii. Conflict and Economic warfare; Insights from Kashmir, (Golden Research Thoughts, Vol. II, Issue VII, Jan 2013, ISSN No 2231- 5603) Jan 2016, ISSN No 2286-4822). iii. A disparity in the sense of security causes disparity in economic welfare – A case study of conflict-hit households in urban Srinagar (published in European Academic Research, Vol III, issue X, Jan 2016, ISSN NO 2286-4822)”.

Besides, the profile said that she has also presented a paper on Response of Households to conflict: A case study of District Srinagar at an International seminar organized by the Indian Economic Association (IEA), in May 2012, and also on Financial Inclusion of Handicraftsmen in District Srinagar.

Now JK Bank’s Board of Directors comprises Baldev Prakash (MD and CEO), R K Chibber, Vivek Bhardwaj (IAS), Dr Rajiv Lochan Bishnoi, Naba Kishore Sahoo, Umesh Chandra Panday, Anil Kumar Geol, Anand Kumar, Sudhir Gupta and Shahla Ayoub.

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