On September 30, 2025, Appointments Committee of the Cabinet (ACC), Government of India (GOI), chaired by Prime Minister (PM) Narendra Modi approved the appointment of Asheesh Pandey as Managing Director (MD) and Chief Executive Officer (CEO) of Union Bank of India (UBI) and Kalyan Kumar as MD & CEO of Central Bank of India (CBI) for a period of three years with effect from the date of assuming their offices.

The appointments were recommended by the Financial Services Institution Bureau (FSIB) on May 30, 2025.

With this move, Asheesh Pandey will succeed A. Manimekalai , whose tenure ended in June 2025, and Kalyan Kumar will replace M atam V enkata (M.V.) Rao , who retired in July 2025

About Asheesh Pandey:

In UBI: He began his banking career in Corpo

See Full Page