New Delhi: The government on Wednesday elevated Ashwani Kumar as Managing Director of UCO Bank.
He will replace Soma Sankara Prasad whose terms comes to an end.
Kumar will assume office on office on or after June 1, 2023 or until further orders, it said.
Kumar is a chartered accountant and made his way through ranks serving various offices of five public sector banks -- Bank of Baroda, Corporation Bank, Oriental Bank of Commerce, Punjab National Bank and Indian Bank.
In his previous stints, Kumar worked in the wholesale banking division and as head of several branches (including Industrial Finance Branches).
As general manager, he was heading mid-corporate and large corporate verticals and was also a chief financial officer.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.