Government appoints Ashwani Kumar as MD of UCO Bank

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The Indian government has appointed Ashwani Kumar as the managing director of UCO Bank. He will replace Soma Sankara Prasad whose term has ended. Kumar is currently an executive director of Indian Bank and previously served as the chief general manager of Punjab National Bank. He is a chartered accountant with experience working in various offices of five public sector banks. The central government has appointed him as the managing director and chief executive officer of UCO Bank for a three-year term beginning June 1, 2023, or until further orders. It is expected that he will bring his diverse experience in the banking sector to help UCO Bank thrive in the future.

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