UCO Bank Limited, a commercial bank, announced the appointment of Nidhu Saxena as Executive Director of the bank, effective February 1, 2022.
According to the bank’s exchange filing, “we wish to inform you that the Central Government vide notification no. eF.No. 4/2/2021-BO.I dated October 21, 2021 has appointed Shri Nidhu Saxena, General Manager, UCO Bank as the Executive Director of the Bank for a period of three years with effect from the date of assumption of office i.e. from February 1, 2022 or until further orders, whichever is earlier.”
Nidhu Saxena is a Commerce graduate and also holds a Masters in Business Administration along with CAIIB qualification. Prior to his 25 years of banking experience, he had 8 years of corporate exposure in different sectors. He started his banking career at Bank of Baroda where he worked for 10 years after which he joined UCO Bank.
Throughout his banking career, he has worked at different locations and branch categories including specialised NRI, Retail branches and administrative offices including Central Office. He donned various roles including Branch Head, Zonal Head at Pune and Surat Zones of UCO Bank. Prior to joining Union Bank of India, he worked as General Manager and vertical head for Retail Credit, MSME and Bancassurance businesses at UCO Bank.
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