Mumbai: Bank of India has announced the appointment of Mr. Lalit Taneja as its new Chief Vigilance Officer (CVO), effective from June 3, 2026, according to a regulatory filing submitted to stock exchanges.
The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Appointment Effective June 3, 2026
The bank confirmed that Mr. Lalit Taneja has officially assumed charge as Chief Vigilance Officer from June 3, 2026.
The appointment has been communicated to both:
- National Stock Exchange (NSE)
- BSE Limited
Role and Responsibilities of Chief Vigilance Officer
The Chief Vigilance Officer plays a crucial role in ensuring:
- Transparency in bank operations
- Accountability across departments
- Compliance with ethical and regulatory standards
- Oversight of vigilance and internal monitoring systems
The position is key to strengthening governance and maintaining integrity within the banking system.
Regulatory Compliance and Disclosure
Bank of India stated that the appointment has been made in full compliance with SEBI (LODR) regulations.
The disclosure has been formally submitted to stock exchanges to ensure transparency in senior-level appointments within listed entities.
Strengthening Governance Framework
The appointment comes as part of broader efforts by the bank to:
- Enhance internal vigilance mechanisms
- Strengthen risk and compliance systems
- Improve operational transparency
- Ensure strict adherence to regulatory norms
Such appointments are considered important for reinforcing trust in public sector banking institutions.
About Bank of India
Union Bank of India is one of the leading public sector banks in the country, providing a wide range of banking and financial services across retail, corporate, and MSME segments. With a strong nationwide network, the bank plays a key role in supporting economic growth through credit expansion, digital banking services, and infrastructure financing.
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