UCO Bank has informed BSE that in exercise of the powers conferred by of clause (b) of sub-section (3) of Section 9 of The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980, read with sub-clause (1) of clause 3 of The Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, the Central Government nominated Ms. Sindhu Pillai, Deputy Secretary, Department of Financial Services, as Director of the Bank in place of Shri V.L.V.S.S. Subba Rao with effect from December 30, 2015 as per the Govt. of India's Notification dated December 30, 2015.
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