Current Affairs - Awards and Honours - Discussion

Rajendra Kumar Saboo was assigned the additional charge of Managing Director and Chief Executive Officer (MD & CEO) of UCO Bank by the Ministry of Finance on June 21, 2026. The appointment order was issued by the Department of Financial Services (DFS). At the time of his appointment, Saboo was serving as the Executive Director of UCO Bank. He assumed the additional responsibility following the completion of the tenure of former MD & CEO Ashwani Kumar on May 31, 2026. The arrangement will remain in effect until August 31, 2026, or until a regular incumbent is appointed to the position.