UCO Bank Appoints Rajeev Gupta as Chief Risk Officer
Mumbai: State-owned lender UCO Bank has announced a key leadership transition with the appointment of Rajeev Gupta as the bank’s new Chief Risk Officer (CRO), effective April 14, 2026.
The development was disclosed to National Stock Exchange of India Limited and BSE Limited in compliance with Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015.
Strategic Leadership Transition
Rajeev Gupta succeeds Shashi Kant Kumar, who has been reassigned as Zonal Head, Mumbai, following his tenure as Chief Risk Officer. The transition took effect at the close of business on April 13, 2026, ensuring continuity in the bank’s risk governance framework.
The appointment underscores UCO Bank’s continued focus on strengthening enterprise risk management amid evolving regulatory and market dynamics.
Profile of Rajeev Gupta
Rajeev Gupta brings nearly three decades of banking experience spanning domestic and international operations, risk management, and core banking functions.
Academic & Professional Credentials
- Bachelor of Commerce
- MBA (Finance)
- Post Graduate Diploma in Banking
- Certified Associate of the Indian Institute of Bankers (CAIIB)
- Certification in Treasury, Investment and Risk Management from the Indian Institute of Banking and Finance (IIBF)
Professional Experience
Over a career exceeding 29 years, Gupta has held diverse leadership roles across branches, overseas centres, zonal offices, and corporate departments of the bank. His experience includes extensive exposure to risk management, overseas operations, and treasury-related functions.
Strengthening Risk Governance
The appointment comes at a time when Indian banks are placing heightened emphasis on robust risk frameworks, capital discipline, and regulatory compliance. UCO Bank’s leadership reshuffle signals a strategic effort to reinforce governance and align risk oversight with the bank’s long-term growth strategy.