Government Invites Applications for UCO Bank Managing Director & CEO Position

The Financial Services Institutions Bureau (FSIB), an autonomous body of the Government of India, has invited applications for the post of Managing Director (MD) and Chief Executive Officer (CEO) of UCO Bank.

Eligible and interested candidates can submit their applications online through the official FSIB website.

Post Details

Eligibility Criteria

1. Age and Residual Service

The applicant should have minimum 45 years of age and 3 years of residual service [treating 60 years as the date of superannuation] as on the date of vacancy of the post, i.e., June 01, 2026.

2. Educational Qualifications

The applicant must hold a Graduate degree of any of the Universities incorporated by an Act of the Central or State Legislature in India or other educational institutions established by an Act of Parliament or declared to be deemed as a University under Section 3 of the University Grants Commission Act, 1956, or possess an equivalent qualification.

3. Experience / Service Requirement (as on June 01, 2026)

a) For Candidates from Private Sector

The applicant must have minimum 21 years of experience, with at least 15 years of banking experience, and:

i. At least 2 years at the bank board level in a bank; or

ii. At least 3 years at the highest level below bank board level (to be held on substantive basis).

Note:

• Separate residual service criteria for candidates eligible under Para B (3)(b)(iii).
• Candidates who are not from Public Sector Banks shall be treated as private sector candidates.

b) For Candidates from Public Sector Banks Only

The applicant must have minimum 21 years of experience in banking and should be:

i. Deputy Managing Directors (DMDs) of State Bank of India (SBI) with at least one year of service as DMD; or

ii. Executive Directors (EDs) of Nationalized Banks with at least one year of service as ED; or

iii. MD & CEO of a Nationalized Bank with at least one year as MD & CEO in the present posting and having residual service of 2 years [treating 60 years as the date of superannuation]; or

iv. Chief Vigilance Officer (CVO), except the CVO of UCO Bank.

4. Penalty

Candidates from Public Sector Banks with two or more major penalties imposed during their career shall not be eligible to apply for the position.

Selection Process

Selection will be based on Shortlisting and Personal Interview. Applications received shall be scrutinised and shortlisted for interview based on experience and eligibility conditions. Final selection of the candidates will be done by the Financial Services Institutions Bureau (FSIB).

Important Date

Download Notification PDF

Click here to Apply Online

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