Union Bank of India Appoints CA Dhirendra Jain as New Chief Financial Officer (CFO)
Union Bank of India appointed CA Dhirendra Jain as CFO, effective February 1, 2026. He replaces CA Avinash Vasant Prabhu, who resigned. Jain brings over 28 years of financial experience, including roles in credit and regional leadership.
A change in CFO is a significant management transition that can impact investor confidence and strategic financial direction.
The announcement is a routine management change due to a resignation and appointment, with no immediate positive or negative financial implications disclosed.
Union Bank of India announced the appointment of CA Dhirendra Jain as the new Chief Financial Officer (CFO) of the bank, effective February 01, 2026. He will succeed CA Avinash Vasant Prabhu, who resigned from the position for personal reasons and will be relieved on January 31, 2026.
CA Dhirendra Jain, aged 51, is a Chartered Accountant with over 28 years of experience in finance. His profile includes extensive banking experience in Credit – Large Corporate, and he has served as a Regional Head and Zonal Head. He also holds a Post Graduate degree in Commerce and is a Certified Associate from the Indian Institute of Bankers (CAIIB).
The change in CFO was discussed and approved during a Board meeting that commenced at 06:15 P.M. and concluded at 08:10 P.M. on January 28, 2026.
What to do with a filing like this
Union Bank of India filed this with the NSE as a statutory disclosure, categorised under key management changes. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by Union Bank of India. Read the original for the full detail.