UCOBANKNSEUCO Bank· BanksMediumNeutral
Announced Fri, 24 Apr · 22:51 IST

UCO Bank has informed the Exchange regarding Appointment of Mr Neeraj Daporkar as CCO of the Bank w.e.f. April 24, 2026.

Management Changes View source PDF

UCOBANK · price

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Price reaction · full curve 14 horizons · vs prior close
-1.2%1-day move
₹26.55
prior close
₹26.51
base price
After-mkt
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AI summary

UCO Bank has appointed Mr. Neeraj Daporkar, currently a General Manager, as the new Chief Compliance Officer (CCO) effective April 24, 2026. He replaces Mr. Ravi Shankar Narayan, who has been assigned a new role within the bank. Mr. Daporkar, aged 47, holds a postgraduate degree in IT and brings over 19 years of banking experience across domestic branches, overseas centres, and corporate departments. He holds multiple certifications from the Indian Institute of Banking and Finance, including CAIIB and a Diploma in Information System Audit.

Likely market impact

This is a routine internal leadership change at the compliance level and is unlikely to have any material impact on the stock price or shareholder value. It signals continuity in compliance oversight with an experienced insider taking charge.