UCO Bank announced on Tuesday, September 16, that the tenure of Shri Rajendra Kumar Saboo, Executive Director, has been extended by the Government of India for an additional three years. His current term was set to conclude on November 20, 2025, but will now continue until November 2028 or until further orders, whichever is earlier.
The extension was confirmed through a notification issued by the Ministry of Finance under the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, and the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970.
Rajendra Kumar Saboo has been instrumental in UCO Bank’s ongoing transformation efforts, particularly in strengthening operational efficiency, expanding digital banking services, and improving asset quality. His extended tenure is expected to provide continuity in leadership as the bank continues to align itself with its growth and modernization roadmap.
The bank has formally communicated this development to both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), where its shares are listed.
