City Union Bank Limited has appointed Shri. R. Vijay Anandh [DIN 09656376] as the Managing Director of the Bank effective May 1, 2026 for a period of 3 years. Shri.
R. Vijay Anandh, qualified as B.Sc. Computer Science, MBA, aged 51 years, is a Retail Banker for the last 28 years having worked with Banks and NBFCs with strong focus on Retail Credit Underwriting /Retail Risk Management (Policy formulation /Fraud Control /Litigation and Debt management) and Retail Business along with strong focus on Agriculture and Micro Finance business development. He has managed most of the consumer retail products (both secured and unsecured).
He joined as an Executive President of City Union Bank Limited during March 2024 and later in June 2024, he was appointed as the Executive Director of the Bank with all necessary approvals. He has been instrumental in the Bank in supervising and providing strategic direction on the functioning of various areas including Advances, Business MSE & Jewel Loan, Business Retail & Cards, Operations & Customer Experience, Human Resources, Compliance, Risk Management, Information Technology and Data /Business Analytics. He holds expertise in the areas of Banking, Agriculture & Rural Economy, Small Scale Industry, Risk Management, Business Management, Information Technology & Digital Banking in the Board of the Bank.
Prior to joining City Union Bank Limited, he served as the Group Executive Vice President & Business Head - Retail Assets (excluding cards) & Collections - Retail Business at RBL Bank and worked closely with the ED & MD. He also served there as the Group Executive Vice President & Chief Credit Officer for the Retail businesses viz. MSME, Cards, Rural Lending, Agriculture & Financial Inclusion, AML and Fraud Risk for the Liabilities Portfolio.
During the year 2011, he was among the first batch of employees to join RBL Bank Limited (previously Ratnakar Bank Limited). He played an instrumental role in building the bank from the ground and facilitating its transformation into a modern private sector bank with a robust retail and rural presence. He played a crucial role in setting up policies, framework, credit and underwriting scorecards.
He also implemented risk architecture and early warning mechanisms to maintain a healthy portfolio, track collections and recovery to enhance fraud management and control. He remained at the forefront in adopting digital and analytics. When introducing new products, he had played a pivotal role in establishing partnerships and alliances to strengthen the bank's retail business.
Prior to joining RBL Bank, he worked with various organizations viz. Barclays Finance - National Head - Secured Lending, Head - Recoveries & Legal Services and Zonal Head - South India (December 2006 to February 2011) ICICI Bank - Regional Business Manager (Chief Manager Band II) - Personal Loans (September 2000 - December 2006) Transamerica Apple Distribution Finance Limited - Executive - Credit (Consumer Loans) (March 1999 to September 2000) Weizmann Limited - Executive - Credit (August 1997 to February 1999).
