confusion in the international banking arena. In 1991, Bank of Commerce acquired United Asian Bank; in time CIMB came to own Bank of Commerce. In 1998, UCO closed its London branch. Bank of Baroda acquired the assets and liabilities, but not the personnel, who were made redundant. Current market position As on 31 March 2021, government share-holding in the bank was 94.44%. For FY 2020-21, it registered ₹167 crore net profit. Branch expansion started at a fast pace, particularly in rural areas, and the bank achieved several unique distinctions in Priority Sector lending and other social uplift activities. To keep pace with the developing scenario and expansion of business, the Bank undertook an exercise in organisational restructuring in the year 1972. This resulted in more functional specialisation, decentralisation of administration and emphasis on development of personnel skill and attitude. Side by side, whole hearted commitment into the government's poverty alleviation programmes continued and the convenorship of State Level Bankers' Committee (SLBC) was entrusted on the Bank for Odisha and Himachal Pradesh in 1983. Structure Board of Directors As of August 2021, the UCO Bank Board of Directors has six members: Shri Shri Soma Shankar prasad (MD & CEO) Shri Ajay Vyas (Executive Director) Shri Ishraq Ali Khan (Executive Director) Dr. Sanjay Kumar (Director) Dr. (Smt) Tuli Roy (Director) Shri K. Rajivan Nair (Director) Regional management The governance of the Bank all around the nation's respective regional areas is managed by a network of 42 Zonal Offices present in major as well as crucial parts of the country. Training The training of newly recruited as well as present staff is overseen by seven training colleges around India: Central Staff College, Kolkata Regional Training Centre, Ahmedabad Regional Training Centre, Bhubaneswar Regional Training Centre, Bhopal Regional Training Centre, Chandigarh Regional Training Centre, Chennai Regional Training Centre, Jaipur Presence The Bank's Regional presence includes 3,078 branches and 2,564 ATMs. The near Future will see a growth in the number of ATMs and Branches. International presence Besides providing inland banking services through its vast network of branches in India, UCO Bank has a vital presence in the financial markets outside India. UCO Bank presently has four overseas branches in two important international financial centres in Singapore and Hong Kong. UCO Bank has international presence for over 60 years now. The Bank's Singapore Operations commenced from 21 April 1951 with the opening of Singapore Main branch