The Central Government appointed Shri Soma Sankara Prasad, Deputy Managing Director, State Bank of India as Managing Director and Chief Executive Officer in UCO Bank with effect from the date of the assumption of office and upto the date of attaining the age of superannuation (that is May 31, 2023) or until further orders whichever is earlier vide GOI Notification eF.No.4/1/2021- BO.I dated December 28, 2021. Shri Soma Sankara Prasad assumed office of Managing Director and Chief Executive Officer of UCO Bank on January 01, 2022 in place of Shri Atul Kumar Goel who demitted the office on December 31, 2021.