Union Bank of India Announces Key Leadership Change

Union Bank of India Announces Key Leadership Change

¨     Union Bank of India has announced a significant leadership change. Sarvesh Ranjan has been promoted to the position of Chief General Manager (CGM).

¨     This appointment follows the retirement (superannuation) of Bhaskar Rao Kare. This move reflects the bank's focus on maintaining leadership continuity and strengthening operational efficiency.

Background of the Leadership Change at Union Bank

¨     Union Bank of India informed that Bhaskar Rao Kare, who served as Chief General Manager (CGM), retired from the bank's services on January 31, 2026. During his tenure, he played a crucial role in strengthening the bank's operations, guiding leadership initiatives, and supporting various strategic projects.

Sarvesh Ranjan's Promotion

¨     Following Bhaskar Rao Kare's retirement, Union Bank promoted Mr. Sarvesh Ranjan, who was previously serving as General Manager, to the position of Chief General Manager (CGM), effective February 1, 2026. This promotion reflects the bank's confidence in his experience, leadership capabilities, and long-standing contributions to the organization.

Sarvesh Ranjan's Professional Profile

¨     Sarvesh Ranjan is an engineering graduate and has extensive experience of nearly 30 years in the banking sector. Prior to this promotion, he served as General Manager – Central Reconciliation, Transaction Monitoring & Anti-Money Laundering (AML) at Union Bank.

His career experience includes roles in

¨     Branch Banking

¨     Regional and Zonal Offices

¨     Staff Training College

¨     Corporate Office positions