City Union Bank calls candidate applications for MD, CEO post
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The applicant must be working currently as a whole-time director in any scheduled commercial bank, and have good industry knowledge and people skills.
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ANINDITO MUKHERJEE
City Union Bank (CUB), a private sector lender, has invited applications for the position of Managing Director and Chief Executive Officer (MD & CEO). Current MD & CEO N Kamakodi will retire in May 2026 after completing a 15-year tenure, in line with regulatory limits. The deadline for applications is November 7, 2025.
The Reserve Bank of India (RBI) mandates a maximum tenure of 15 years for MD & CEOs of private banks. According to the bank’s advertisement, candidates must possess a minimum of 25 years of banking experience with expertise in risk management, digital initiatives, regulatory compliance, and technology-driven banking solutions.
Applicants must currently hold a whole-time director role in a scheduled commercial bank, demonstrate strong leadership qualities, and exhibit domain expertise. The new appointment will be made on a three-year contractual basis, contingent upon RBI approval. The final compensation will also require clearance from the regulator.
Fluency in Tamil is strongly preferred, given that over 60% of the bank’s operations are based in Tamil Nadu.
Published on October 17, 2025
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