STOCKWATCH
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Private Sector Bank
Management Change1 May 2026, 01:34 pm

City Union Bank appoints R. Vijay Anandh as MD & CEO

AI Summary

City Union Bank Ltd has announced the appointment of Shri. R. Vijay Anandh as its new Managing Director & CEO, effective May 1, 2026, for a period of three years. This appointment follows earlier intimations to the exchange. Shri. R. Vijay Anandh, aged 51, holds a B.Sc. in Computer Science and an MBA, bringing 28 years of experience in retail banking, focusing on retail credit underwriting, risk management, and business development. He joined CUB in March 2024 as Executive President and was appointed Executive Director in June 2024. Prior to CUB, he held significant roles at RBL Bank, where he was instrumental in building its retail and rural presence and establishing key policies and risk frameworks. The bank confirmed he is not debarred by SEBI or any other authority from holding the director's office.

Key Highlights

  • R. Vijay Anandh appointed MD & CEO of City Union Bank for 3 years.
  • Appointment is effective May 1, 2026, as per regulatory filings.
  • Anandh brings 28 years of experience in retail banking and risk management.
  • He previously served as Executive Director at CUB since June 2024.
  • Instrumental in building RBL Bank's retail and rural banking operations.
View BSE Filing