Announced Fri, 19 Jun · 19:32 IST
UCO Bank: Rajendra Kumar Saboo given interim MD and CEO charge
UCOBANK · price
▲ 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
-2.6%1-day move
₹27.66
prior close
₹27.78
base price
After-mkt
timing
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Up moveDown movePending
AI summary
UCO Bank Executive Director Shri Rajendra Kumar Saboo has been assigned additional charge of MD and CEO from 19 June 2026, following the end of Shri Ashwani Kumar's term on 31 May 2026. The interim arrangement runs till 31 August 2026 or until a regular appointee is named. Saboo, who became ED in November 2022, has over 30 years of banking experience across branch banking, credit, HR and treasury.
Likely market impact
Existing ED takes interim MD and CEO charge, ensuring leadership continuity while the government appoints a permanent head; limited near-term disruption expected.