UCO Bank has announced a change in its Board of Directors. Shri Mohamed Ashraf J S has been nominated as a Director, effective October 23, 2026, replacing Shri Hari Har Mishra. This nomination was made by the Central Government under the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970. Shri Mohamed Ashraf J S currently serves as Deputy Secretary to the Government of India in the Ministry of Finance. The bank confirms that the new appointee is not debarred from holding any directorship by regulatory authorities.
Director Appointment at UCO Bank
UCO Bank has formally communicated a change in the composition of its Board of Directors. In accordance with regulatory requirements, the Central Government has nominated Shri Mohamed Ashraf J S as a new Director on the Board of UCO Bank. This appointment is effective immediately, on October 23, 2026, and is made in place of Shri Hari Har Mishra.
Details of the Change
The nomination of Shri Mohamed Ashraf J S signifies a shift in the board’s leadership. Concurrently, Shri Hari Har Mishra ceases to be a Director on the Bank’s Board, effective from the same date, October 23, 2026. This change is in line with the powers vested by the Central Government through a recent notification.
Appointee’s Background
Shri Mohamed Ashraf J S brings valuable experience to the board, currently holding the position of Deputy Secretary within the Department of Financial Services at the Ministry of Finance, Government of India. UCO Bank has also confirmed that Shri Mohamed Ashraf J S is not subject to any disqualifications or debarment orders from SEBI or any other authority for holding the office of Director.
Formalities and Disclosure
The requisite details concerning this change, as mandated by SEBI Master Circular dated July 11, 2023, are provided in Annexure I of the disclosure. This announcement is for the information and record of all stakeholders.
Source: BSE
