UCO Bank’s Managing Director & Chief Executive Officer (MD & CEO) additional charge held by Executive Director Shri Rajendra Kumar Saboo has been extended. The extension is for a period of three months beyond August 31, 2026, effective until November 30, 2026, or until a regular incumbent is appointed. This decision aims to maintain leadership continuity at the helm of the bank.
Leadership Continuity Ensured
In a significant development for UCO Bank, the Department of Financial Services, Ministry of Finance, Government of India, has conveyed an extension for the additional charge of the post of Managing Director & Chief Executive Officer (MD & CEO). This charge is currently held by Shri Rajendra Kumar Saboo, who also serves as the Executive Director of the bank.
Extended Term Details
The extension is for a period of three months, commencing from September 1, 2026, and will be effective up to November 30, 2026. This extended tenure will be in effect until a regular candidate is appointed to the crucial MD & CEO position, or until further orders are issued, whichever event occurs earlier. This move ensures continued leadership and operational stability within the bank’s top management.
Previous Disclosure
The bank had previously informed the stock exchanges on June 19, 2026, regarding the initial assignment of this additional charge to Shri Rajendra Kumar Saboo. The current extension serves as a continuation of that prior disclosure, reaffirming the bank’s commitment to robust governance and management continuity.
Source: BSE
