Current Affairs - Awards and Honours - Discussion

R Vijay Anandh has been approved by the Reserve Bank of India as the new Managing Director and CEO of City Union Bank for a three-year term beginning May 1, 2026. His appointment is subject to shareholder approval and comes with a fixed annual remuneration of ₹2.50 crore. With over 28 years of experience in banking, including roles in risk management, credit appraisal, and retail assets, he brings extensive expertise to the position. Having served as Executive President and later Executive Director at the bank, his elevation ensures leadership continuity and stability during the transition.