United Bank of India announced that Shri. Pawan Kumar Bajaj, Managing Director & CEO of the Bank, has demitted office, on attaining the age of superannuation, at the close of business hours on September 30, 2018. In continuation to communication dated September 20, 2018 pertaining to appointment of the new Managing Director & CEO of the Bank, Exchange(s) are hereby informed that Shri.

Ashok Kumar Pradhan, Managing Director & CEO of the Bank has assumed charge of the post with effect from October 1, 2018 upto the date of his attaining the age of superannuation (that is May 31, 2020) or till further orders, whichever is earlier. Further, in continuation to communication dated September 24, 2018 inter alia pertaining to appointment of Executive Director(s) of the Bank, Exchange(s) are hereby informed that Shri. Ajit Kumar Das has assumed charge as the Executive Director of the Bank with effect from October 1, 2018 for a period of 3 years or till attaining the age of superannuation (that is March 31, 2021) or till further orders, whichever is earlier.

Before joining this Bank as Executive Director, Shri. Ajit Kumar Das was General Manager of Canara Bank. The company announced that Shri.

Naresh Kumar Kapoor, Chief Financial Officer of the Bank, has demitted office on September 30, 2018 upon attaining the age of superannuation.