Union Bank of India Appoints Smt. Sowmya Sridhar as Chief Risk Officer (CRO)
Union Bank of India appointed Smt. Sowmya Sridhar as Chief Risk Officer (CRO) effective May 22, 2026. She will serve until August 31, 2029. This appointment follows the completion of Shri Ashwini Kumar Ramakrishna Chowdhary's tenure.
The change in Chief Risk Officer is a standard procedural event and is not expected to have a significant impact on the bank's operations or financial performance.
The announcement is a routine management change and does not contain any information that would positively or negatively impact the bank's performance or stock.
Union Bank of India announced the appointment of Smt. Sowmya Sridhar as the new Chief Risk Officer (CRO) of the Bank, effective May 22, 2026.
This appointment follows the completion of the contractual tenure of the current CRO, Shri Ashwini Kumar Ramakrishna Chowdhary, who was appointed on May 22, 2023, for a three-year term and will conclude his service on May 21, 2026.
Smt. Sowmya Sridhar, a General Manager, will serve as CRO until August 31, 2029. She joined the bank on March 7, 1995, and brings over 30 years of experience in credit, finance, accounts, compliance, and risk management. She is a certified FRM and has 19 years of experience specifically in risk management.
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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 low impact, the band that almost never moves a portfolio on its own.
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