FSIB recommends Ashwani Kumar as MD of UCO Bank

FSIB recommends Ashwani Kumar as MD of UCO Bank

Daily Current Affairs   /   FSIB recommends Ashwani Kumar as MD of UCO Bank

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Category : Appointment/Resignation Published on: March 21 2023

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  • FSIB, the headhunter for directors of state-owned banks and financial institutions recommended the name of Indian Bank executive director Ashwani Kumar for the post of managing director of UCO Bank. 
  • Prior to joining Indian Bank, Kumar was serving as chief general manager of Mumbai Zone of Punjab National Bank (PNB).
  • FSIB is headed by former secretary, Department of Personnel and Training (DoPT), Bhanu Pratap Sharma.

About UCO Bank:

  1. Founded – 6 January 1943
  2. Founder- Ghanshyam Das Birla
  3. Headquarters- Kolkata

Recent Appointment in Banking Sector:

  1. Chairman of PFRDA – Deepak Mohanty
  2. MD of LIC – Tablesh Pandey and M Jagannath
  3. MD & CEO of IndusInd Bank – Sumant Kathpalia (reappointment)
  4. Head of Citi Commercial Bank (CCB) – Bhanu Vohra
  5. Interim Chairman of LIC – Siddhartha Mohanty (replaced MR Kumar)
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