UCO Bank Announces Change in Chief Risk Officer Appointment
UCO Bank has announced a change in its leadership, appointing Mr. Rajeev Gupta as the new Chief Risk Officer (CRO) of the bank, effective April 14, 2026. Mr. Gupta takes over the role previously held by Mr. Shashi Kant Kumar.Mr. Shashi Kant Kumar has been assigned a new operational mandate and has taken on the position of Zonal Head, Mumbai. He has been consequently relieved from his post as CRO at the close of business hours.
The appointment of Mr. Gupta and the transition of Mr. Kumar mark key structural changes in the bank's risk management leadership.
Key Details of the Leadership Change
The appointment details confirm Mr. Rajeev Gupta’s assumption of the CRO role, replacing Mr. Shashi Kant Kumar.| Detail | Description |
|---|---|
| New CRO Appointment | Mr. Rajeev Gupta, General Manager, is appointed as Chief Risk Officer (CRO). |
| Outgoing CRO | Mr. Shashi Kant Kumar, General Manager. |
| New Role for Mr. Kumar | Zonal Head, Mumbai. |
| Effective Date | April 14, 2026. |
Profile of Mr. Rajeev Gupta
Mr. Rajeev Gupta, aged 51, brings extensive experience to the role. He holds a Bachelor of Commerce degree, a Master of Business Administration (Finance), and a Post Graduate Diploma in Banking. His professional certifications include Certified Associate of the Indian Institute of Bankers (CAIIB) and a certification in Treasury, Investment and Risk Management from the Indian Institute of Banking and Finance (IIBF).Mr. Gupta boasts over 29 years of service in the banking sector. His career history includes service across various branches, overseas centers, zonal offices, and corporate departments of the Bank. His professional expertise is particularly strong in risk management, overseas operations, and core banking functions.
The relationship disclosure for the appointment noted that the details were not applicable.
UCOBANK Stock Price Movement
On Monday, UCO Bank shares slipped by 1.22%, settling at ₹25.91. The equity saw 7.29 million shares traded throughout the session.Source:
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