UCO Bank Names Sumit Khandelwal as New CFO
Why in the news
UCO Bank, a public sector lender, told the exchanges through a filing that it had a new finance chief, with the change effective at once.
Key facts
- Bank: UCO Bank (state-run).
- New CFO: Sumit Khandelwal, appointed with immediate effect.
- Predecessor: Sujoy Dutta.
- Earlier post: general manager and zonal head, New Delhi zone.
- Disclosure route: regulatory filing by the bank.
| Position | Outgoing | Incoming | Prior role of incoming officer |
|---|---|---|---|
| Chief financial officer, UCO Bank | Sujoy Dutta | Sumit Khandelwal | General manager and New Delhi zonal head |
Background
The post of chief financial officer (CFO) heads the finance function of a bank. Here, the successor was an internal officer who had run a zone of the same lender.
Exam angle
- Who became the CFO of UCO Bank in June 2025: Sumit Khandelwal.
- Who was replaced: Sujoy Dutta.
- Type of bank: state-run; such appointments are a frequent static-GK question in banking exams.