City Union Bank Limited — Others, 02-04-2025: Shareholders meeting

City Union Bank Limited has announced a board meeting to seek shareholder approval through a postal ballot for the appointment of Shri. Ramesh Venkataraman as Whole-time Director and Executive Director for three years starting February 21, 2025. The voting period will commence on April 4, 2025, and end on May 3, 2025, with a cut-off date of March 21, 2025.

This move underlines the Bank's strategy to bolster governance, risk management, and operational expertise, reflecting a positive outlook for investors as it strengthens leadership. Shri. Venkataraman brings 38 years of experience in various key roles, which may enhance stakeholder confidence in the bank’s growth trajectory.