City Union Bank (CUB), based out of Kumbakonam, Tamil Nadu is India’s oldest private sector bank with 110 years of operating history. CUB has a network of 491 branches and 1,300+ ATMs. CUB has a focus on serving small and medium enterprises in the south Indian states of Tamil Nadu and Andhra Pradesh.
N Kamakodi is the current MD and CEO of CUB; he has been with CUB for about 11 years starting in the bank’s planning and human resource functions. Recently, Reserve Bank of India’s NachiketMor Committee identified CUB as an example of a well-run, healthy regional bank which serves the societal needs for financial inclusion, delivers healthy returns and manages risk prudently. CUB has a track record of making profits and paying dividends in each year of its existence. City Union Bank is listed on Bombay Stock Exchange and National Stock Exchange in India.