City Union Bank has approved the co-option of Shri Sankaran G as an Additional Director in the category of Whole Time Director, designated as Executive Director. This appointment is effective November 13, 2026, for a period of three years, subject to shareholder approval. Shri Sankaran G brings over 30 years of extensive banking and technology experience, including significant roles in IT and digital transformation within the banking sector.
Board Strengthened with New Executive Director
City Union Bank announced a significant addition to its leadership team today. The Bank’s Board of Directors, at a meeting held on November 13, 2026, has approved the co-option of Shri Sankaran G (DIN: 12042212) as an Additional Director. He will serve in the crucial role of Whole Time Director, specifically designated as Executive Director.
Appointment Details and Tenure
The appointment of Shri Sankaran G is effective from November 13, 2026, and is for an initial term of three (3) years. This appointment is, however, subject to the necessary approval from the Bank’s shareholders. This move aims to leverage his expertise in the Bank’s strategic growth and operations.
Experienced Professional Joins Leadership
Shri Sankaran G is a seasoned professional with a strong background in banking and technology. Aged 52, he holds a B.Sc. degree, an MBA, and JAIIB qualification. His career spans over 30 years, with a significant tenure at the Bank itself, where he rose to the position of Executive President. His experience encompasses various capacities within the Computer Systems department, including Chief Information Officer (CIO), ISSM, and CISO.
Shri Sankaran G has been instrumental in driving technological advancements, including system modernization, digital growth from 7% to 98%, enhancing cyber security resilience, and implementing alternate channel strategies and digital lending. His core competencies lie in IT and ITES, Cyber Security, Digital transformation, and Business Process Re-engineering. He possesses specialized knowledge relevant to the Banking, Payment & Settlement Systems, and Information Technology sectors.
Confirmation of Compliance
The Bank further confirms that Shri Sankaran G has not been debarred from holding the office of Director by any order from SEBI or other authorities. This confirmation aligns with the circulars issued by the stock exchanges.
Additional Information
The additional details required as per SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026, have been enclosed with this intimation. The Bank requests that this information be taken on record and disseminated accordingly.
Source: BSE
