Category : Appointment/ResignationPublished 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:
Founded – 6 January 1943
Founder- Ghanshyam Das Birla
Headquarters- Kolkata
Recent Appointment in Banking Sector:
Chairman of PFRDA – Deepak Mohanty
MD of LIC – Tablesh Pandey and M Jagannath
MD & CEO of IndusInd Bank – Sumant Kathpalia (reappointment)
Head of Citi Commercial Bank (CCB) – Bhanu Vohra
Interim Chairman of LIC – Siddhartha Mohanty (replaced MR Kumar)