Union Bank of India Appoints Shri Amresh Prasad as Executive Director
Union Bank of India appoints Shri Amresh Prasad as Executive Director for a three-year term effective from November 24, 2025. He previously served as Chief General Manager at Punjab National Bank.
The appointment of an executive director is a normal course of business and is unlikely to have a significant immediate impact on the company's financials or operations.
The announcement is a routine update about an appointment of an executive director.
* Shri Amresh Prasad has been appointed as the Executive Director of Union Bank of India. * The appointment is effective from November 24, 2025, which is the date of assumption of office. * His tenure will be for a period of three years from the date of assumption of charge, or until he reaches superannuation on 31st October 2028, or until further orders, whichever is earlier. * Shri Prasad was previously the Chief General Manager at Punjab National Bank. * He brings over 32 years of banking experience, including roles in branch banking, zonal offices, and head office level, with expertise in corporate credit, credit review and monitoring, and transaction monitoring. * Shri Prasad doesn't have any relationship with any of the existing Directors of the Bank and is not debarred from holding the office of Executive Director.
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Union Bank of India filed this with the NSE as a statutory disclosure, categorised under board changes. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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See the model portfoliosA plain-language summary of a public exchange filing by Union Bank of India. Read the original for the full detail.