City Union Bank Ltd. is set to see a leadership transition with Vijay Anandh slated to assume the role of Managing Director and Chief Executive Officer. The appointment has received approval from the Reserve Bank of India and is scheduled to take effect from May 1, 2026, subject to shareholder approval.
The development marks an important succession milestone for the private sector lender, aimed at ensuring continuity in governance and strategic execution.
Vijay Anandh currently serves as Executive Director at City Union Bank, a role he took on after serving as Executive President. Over the course of his career spanning more than two decades, he has built extensive experience across retail banking, risk management and asset portfolios.
Before joining City Union Bank’s senior leadership team, he held key positions at RBL Bank, where he led Retail Assets and Collections and served as Senior Vice President for Retail Risk. His earlier professional assignments include roles at Barclays, ICICI Bank and Transamerica, where he gained exposure to diverse banking operations and risk frameworks.
With a strong grounding in retail banking strategy, credit risk oversight and portfolio management, Vijay Anandh’s elevation is expected to support City Union Bank’s next phase of growth while reinforcing its operational discipline and risk management focus.
From a Riskawareness perspective leadership transition at the CEO level in banking institutions carry direct implications for risk governance, credit discipline and regulatory alignment. Continuity in oversight and a strong risk culture will remain critical as City Union Bank navigates growth and evolving supervisory expectations.
