City Union Bank Limited has announced the appointment of Shri R Mohan as an Additional Director on the Board of the Bank in the category of Independent Director. His appointment, effective April 27, 2026, remains subject to the approval of the bank’s shareholders. Shri Mohan brings extensive banking expertise to the Board, having previously served the institution for many years, including a tenure as part-time Chairman.
Board Leadership Strengthening
The Board of Directors of City Union Bank Limited, in their meeting held on April 27, 2026, has officially appointed Shri R Mohan (DIN 06902614) to the Board. He joins in the capacity of an Additional Director and will serve as an Independent Director. This appointment is contingent upon approval from the shareholders, which is expected to be secured within the stipulated three-month period.
Profile and Expertise
Shri R Mohan, aged 71, is a seasoned banking professional with 39 years of practical experience in the field. He holds B.Sc, CAIIB, and MBA qualifications. His journey with the Bank began in May 1975 as a Probationer, eventually leading him to the position of Chief General Manager before his retirement in May 2014.
His areas of core expertise span across banking, agriculture and rural economy, small-scale industry, finance, treasury and forex, and business management. His deep institutional knowledge is further bolstered by his previous board service from June 2014 to June 2022, which included a three-year stint as part-time Chairman from May 2019 to May 2022. The Bank has confirmed that he maintains no familial relationships with existing members of the Board.
Source: BSE
