FSIB has recommended the appointment of Ashwani Kumar as New CEO & MD of UCO Bank. He is currently serving as the Executive Director (ED) of Indian Bank. His prior experiences with Bank of Baroda, Corporation Bank, Oriental Bank of Commerce, & PNB.
The final decision on the FSIB recommendation would be taken by the Appointments Committee of the Cabinet headed by Prime Minister Narendra Modi. FSIB is headed by former secretary, Department of Personnel and Training (DoPT), Bhanu Pratap Sharma. Also Read – Government Appoints K Satyanarayana Raju as MD & CEO Of Canara Bank
His work experience includes working in wholesale banking division and as head of several branches (including Industrial Finance Branches and Licensed Commercial Banks (LCBs)).