RBI approves Vijay Anandh as new MD and CEO of City Union Bank w.e.f May 1
1 min read
R Vijay Anandh, new MD & CEO, City Union Bank
| Photo Credit:
Bijoy Ghosh
City Union Bank announced on Monday that the Reserve Bank of India (RBI) has approved R Vijay Anandh’s appointment as Managing Director & CEO. Anandh currently serves as the bank’s Executive Director.
According to an exchange filing, RBI’s February 9, 2026 communication grants approval for his three-year term starting May 1, 2026. The appointment requires formal shareholder approval and includes an annual fixed remuneration package of ₹2.50 crore, covering perquisites.
With 28 years of banking experience spanning risk management, retail banking, and credit appraisal, Anandh previously held leadership roles at RBL Bank before joining City Union Bank as Executive President in 2023. He was promoted to Executive Director in 2024.
He will succeed N Kamakodi, whose tenure as MD & CEO concludes on April 30, 2026 after 15 years in the position.
Published on February 9, 2026
