UNIONBANK NSE filing

Union Bank of India Appoints Shri Amresh Prasad as Executive Director

The RealCase readLow impact Neutral

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.

Why it matters

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 market read

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.

Filing to action

What to do with a filing like this

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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Primary source

A plain-language summary of a public exchange filing by Union Bank of India. Read the original for the full detail.

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