Reserve Bank of India (RBI) has approved the appointment of R. Vijay Anandh as  MD & Chief Executive Officer (CEO) of City Union Bank Ltd for a period of 3 years with effect from May 1 , 2026 at fixed pay of ₹22.5 crore per annum including perquisites. Currently Executive Director at the bank he will replace current MD & CEO M Kamakodi. Mr Anandh holds over 28 years of experience in Banking Business, Risk Management, Portfolio Analysis, Credit Appraisals, Recoveries, Legal Collections, and Portfolio due diligence mainly in the retail assets space. 

Prior to his appointment in City Union Bank Ltd, he served as the Business (excluding cards) & Collections Head for all Retail Asset products at RBL Bank, working closely with the ED & the MD.


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