CUBBSECity Union Bank LtdHighNeutral
Announced Fri, 1 May · 13:33 IST

Appointment of MD & CEO

Management Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-0.3%1-day move
₹270.00
prior close
₹271.00
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AI summary

City Union Bank has appointed R. Vijay Anandh (DIN 09656376) as Managing Director and CEO effective May 1, 2026, for a 3-year term. Anandh, 51 years old with 28 years of retail banking experience, was already serving as Executive Director at the bank since June 2024, having joined as Executive President in March 2024. Prior to CUB, he spent over a decade at RBL Bank, most recently as Group EVP and Business Head for Retail Assets and Chief Credit Officer. He was among the first employees at RBL Bank when it transformed from Ratnakar Bank. The appointment comes with confirmation that Anandh is not debarred from holding a director position by SEBI or any other authority.

Likely market impact

The appointment represents an internal promotion, signalling continuity in the bank's leadership as Anandh has been overseeing key functions including advances, retail business, operations, risk management and digital transformation since joining CUB in 2024.