FSIB recommends Ashwani Kumar as MD of UCO Bank

• 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)