The government has approved key appointments in the banking sector, naming Asheesh Pandey as Managing Director and Chief Executive Officer of Union Bank of India and Kalyan Kumar as the new head of Central Bank of India. The Appointments Committee of the Cabinet, chaired by Prime Minister Narendra Modi, cleared both appointments for an initial three-year term, reported by IANS.

Union Bank to be led by Asheesh Pandey

Pandey, who is currently Executive Director at Bank of Maharashtra, will take charge as MD and CEO of Union Bank of India once he formally assumes office. With over three decades of experience in banking, Pandey has worked across retail, corporate and international banking, bringing a wide range of expertise to one of India’s largest public sector lenders.

Kalyan Kumar to su

See Full Page