United Bank of India has informed that Ministry of Finance vide its letter dated February 21, 2014 has communicated its acceptance to the application for voluntary retirement of Archana Bhargava, Chairperson & Managing Director of the Bank w.e.f. February 20, 2014. In absence of the Chairman & Managing Director both the Executive Directors shall jointly remain in charge of the Bank, till such time that a regular incumbent takes over the charge of CMD.
The above information is a part of company’s filings submitted to BSE.
