Announced Tue, 31 Mar · 18:31 IST
City Union Bank Limited has informed the Exchange about change in Management . CRO Shri Kalyanaraman M demitted the office as CRO on March 31, 2026 on account of superannuation.
CUB · price
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Price reaction · full curve 14 horizons · vs prior close
+0.3%1-day move
₹239.40
prior close
₹250.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.4-2.3-2.9-4.2+0.3+3.7+3.6+7.2+5.1+4.3+9.6+13.0+7.2-10.0
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AI summary
City Union Bank has informed the exchanges that its current Chief Risk Officer (CRO), Shri Kalyanaraman M, retired from the position on March 31, 2026, on account of superannuation. The bank has already appointed Shri Venkatakrishnan S as the new CRO for a two-year term effective April 1, 2026, as communicated on March 23, 2026. The transition is therefore smooth with no gap in risk leadership. No relationship with directors is disclosed.
Likely market impact
A routine, planned leadership transition in a key risk function with a successor already in place, suggesting continuity and minimal disruption to operations or governance.