Management Change8 May 2026, 10:48 am
UCO Bank: Subhash Shankar Malik Ceases to be Director
AI Summary
Mr. Subhash Shankar Malik ceased to be a Director of UCO Bank effective May 8, 2026, upon completion of his three-year term. He was appointed as a Part-time Non-Official Director on the Board of Directors of the Bank on May 8, 2023, as per Government of India notification F.No.6/8/2022-BO.I under section 9(3)(h) of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970. The cessation occurred at the close of business hours on May 7, 2026.
Key Highlights
- Subhash Shankar Malik's term as Director ended May 8, 2026.
- Appointment was based on Govt. of India notification dated May 8, 2023.
- Cessation is due to completion of the three-year tenure.
Price Impact
More from UCOBANK