UCO Bank has informed the Exchange about General Updates
UCOBANK · price
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UCO Bank has informed the stock exchanges that Dr. Sourav Kumar Dutta, the Chief Technology Officer (CTO), has resigned from his position. He had submitted his resignation letter on March 3, 2025, citing personal reasons, and his last working day was April 2, 2025 (close of business hours). In his resignation letter, Dr. Dutta mentioned his gratitude for being part of the bank's technology transformation journey and offered to serve his notice period for a smooth transition. The disclosure was made under Regulation 30 of SEBI Listing Regulations, as required for changes in key managerial personnel.
The departure of the CTO may create a short-term leadership gap in UCO Bank's technology and digital transformation initiatives. Investors should watch for a timely replacement appointment, as technology leadership is critical for a public sector bank's modernisation and digital banking growth.