UCO Bank MD & CEO Additional Charge Extended for Shri Rajendra Kumar Saboo
UCO Bank's MD & CEO additional charge for Shri Rajendra Kumar Saboo extended by three months. The extension is effective from 1st September 2026 up to 30th November 2026, or until a regular appointment is made.
The extension of an additional charge for a management position is a routine administrative decision and is unlikely to have a significant immediate impact on the bank's operations or financial performance.
The announcement is a routine update regarding the extension of an additional charge for a key management position. It does not contain any significant positive or negative financial information or strategic shifts.
UCO Bank has announced the extension of the additional charge for the post of Managing Director & Chief Executive Officer (MD & CEO) to Shri Rajendra Kumar Saboo, who is also an Executive Director at the bank.
This extension has been conveyed by the Department of Financial Services, Ministry of Finance, Government of India, through a letter dated 25th August, 2026. The additional charge is extended for a period of three months beyond 31st August, 2026. This means Shri Saboo will continue in this role until 30th November, 2026, or until a regular incumbent is appointed, or until further orders are issued, whichever occurs first.
The bank had previously informed the stock exchanges about the initial assignment of this additional charge to Shri Saboo on 19th June, 2026. This current extension is a continuation of that earlier disclosure.
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UCO Bank filed this with the NSE as a statutory disclosure, categorised under key management changes. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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