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UCO Bank is one of the leadings public sector banks in India. Let’s have a look at the salary offered by UCO Bank to MD&CEO and EDs.
Salary of MD&CEO and ED of UCO Bank 2024-25
The MD&CEO of UCO Bank received salary of Rs.49.85 lakhs for financial year 2024-25. In 2023-24, salary of Rs.32.60 lakhs was paid to MD&CEO of UCO Bank. This marks an increase of approximately 52.91% in salary of MD&CEO of UCO Bank.
| Details | 2024–2025 | 2023–2024 |
|---|---|---|
| Shri Ashwani Kumar (Managing Director & Chief Executive Officer) | 49.85 | 32.60 |
| Shri Rajendra Saboo (Executive Director) | 44.48 | 37.82 |
| Shri Vijay N Kamble (Executive Director) | 39.39 | 15.84 |
| Details | Salary Hike |
|---|---|
| Shri Ashwani Kumar (Managing Director & Chief Executive Officer) | 52.91% |
| Shri Rajendra Saboo (Executive Director) | 17.61% |
| Shri Vijay N Kamble (Executive Director) | 148.66% |
Salary of Board Directors of UCO Bank
| Category | Number (Male) | Median Remuneration (Male) | Number (Female) | Median Remuneration (Female) |
| Board of Directors (BoD) | 3 | 3,05,189 | 0 | 0 |
| Key Managerial Personnel (KMP) | 2 | 2,18,328 | 0 | 0 |
| Employees other than BoD and KMP | 14,908 | 1,11,508 | 6,136 | 99,525 |
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