People, Positions and Obituaries · 22 June 2026

Rajendra Kumar Saboo Assigned Additional Charge as MD & CEO of UCO Bank

Exam-focused facts from the 22 June 2026 current affairs briefing.

Key facts

  • Rajendra Kumar Saboo, Executive Director of UCO Bank, has been assigned the additional charge of Managing Director and Chief Executive Officer (MD & CEO).
  • The appointment was made by the Department of Financial Services (DFS), Ministry of Finance, Government of India.
  • Saboo takes over following the completion of the tenure of former MD & CEO Ashwani Kumar on May 31, 2026.
  • He will hold the additional charge until August 31, 2026, or until a regular incumbent is appointed, or until further orders, whichever is earlier.
  • UCO Bank is a Kolkata-based public sector lender.