UCO Bank announces the resignation of Shareholder Director, Ms. Rachna Khare, effective December 25, 2025. Ms. Khare resigned due to a new professional engagement. The bank has provided details as per regulatory requirements.
Director Resignation
UCO Bank has announced the resignation of Ms. Rachna Khare from her position as Shareholder Director. The resignation is effective December 25, 2025.
Reason for Resignation
Ms. Khare’s resignation stems from her acceptance of a new professional opportunity as the Insurance Ombudsman in Pune. This role necessitates her departure from the UCO Bank Board to maintain regulatory compliance and independence.
Details of Resignation
The resignation was tendered via a letter dated December 25, 2025. Ms. Khare also resigned from all Board committees. The bank has stated that all necessary details in compliance with regulations have been provided.
Acknowledgement and Gratitude
In her resignation letter, Ms. Khare expressed gratitude for the support and cooperation she received from the Chairperson, MD & CEO, fellow board members, and the management during her tenure. She also conveyed her best wishes for the bank’s continued success.
Source: BSE
