Management Change25 Aug 2026, 08:11 pm
UCO Bank MD & CEO Additional Charge Extended for 3 Months
AI Summary
UCO Bank announced that the additional charge of the post of Managing Director & Chief Executive Officer (MD & CEO) assigned to Shri Rajendra Kumar Saboo, Executive Director, has been extended by the Department of Financial Services, Ministry of Finance, Government of India. This extension is for a further period of three months beyond August 31, 2026, up to November 30, 2026, or until a regular incumbent is appointed, whichever is earlier. This follows a previous disclosure on June 19, 2026, regarding the initial assignment of the additional charge.
Key Highlights
- Additional charge for MD & CEO post extended by three months.
- Extension is for Shri Rajendra Kumar Saboo, currently Executive Director.
- New tenure ends November 30, 2026, or until a regular appointment.
- Extension is a continuation of previous assignment.
- Regulatory filing made as per SEBI (Listing Obligations) Regulations, 2015.
Price Impact
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