UCO Bank Appoints Neeraj Daporkar as New Chief Compliance Officer

The latest announcement is out from UCO Bank ( (IN:UCOBANK) ).

UCO Bank has reshuffled its top compliance leadership, appointing General Manager Neeraj Daporkar as Chief Compliance Officer effective 24 April 2026, succeeding General Manager Ravi Shankar Narayan, who moves to a new role within the bank. Daporkar brings over 19 years of banking experience, with a strong background in information technology, international trade finance, foreign exchange, treasury, cybercrime prevention, and overseas operations, signaling a continued focus on strengthening the bank’s compliance, risk management, and governance framework as regulatory expectations intensify for Indian lenders.

The leadership change in the compliance function underscores UCO Bank’s emphasis on aligning its internal controls and systems with evolving regulatory norms, particularly in areas such as international banking, cyber risk, and customer service standards. Stakeholders are likely to view the appointment of a technically skilled and internationally experienced executive to the CCO role as an effort to bolster operational resilience and regulatory adherence across the bank’s diverse business lines.

More about UCO Bank

UCO Bank is a state-owned commercial bank headquartered in Kolkata, operating across domestic branches, overseas centres, and corporate offices. The bank offers a full range of retail and corporate banking services, including international trade finance, foreign exchange operations, treasury services, and technology-driven banking solutions for customers in India and abroad.

Average Trading Volume: 671,806

Technical Sentiment Signal: Sell

Current Market Cap: 333.9B INR

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