Union Bank of India: Sarvesh Ranjan Appointed Chief General Manager
Union Bank of India announced that Shri Bhaskara Rao Kare, Chief General Manager, retired on January 31st, 2026. Shri Sarvesh Ranjan has been appointed as the new Chief General Manager, effective February 1st, 2026. Ranjan brings three decades of banking experience to the role.
The change in senior management is a standard procedural event and does not indicate any significant shift in the bank's operations or financial performance.
The announcement is a routine management change due to superannuation and subsequent appointment, with no immediate positive or negative financial implications stated.
Union Bank of India has announced a change in its senior management. Shri Bhaskara Rao Kare, Chief General Manager, has superannuated from the bank's services effective January 31st, 2026.
In light of this, Shri Sarvesh Ranjan, currently a General Manager, will be elevated to the position of Chief General Manager. This elevation is effective from February 01st, 2026.
Shri Sarvesh Ranjan is an engineering graduate with approximately three decades of banking experience. His previous roles include positions in branch banking, regional and zonal offices, staff training college, and the corporate office. He also holds the position of General Manager – Central Recon., Transaction Monitoring & AML at the bank. He has participated in leadership development programs at the University of Applied Sciences in Switzerland and ISB Hyderabad, and holds a certification in IT and Cyber Security from IDRBT, Hyderabad.
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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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See the model portfoliosA plain-language summary of a public exchange filing by Union Bank of India. Read the original for the full detail.