BSECompany Update4d ago · 1 Sept 2026, 05:55 pm

Change in Senior Management of the Bank.

Union Bank of India · 532477

✦ AI SummaryMgmt Change

Union Bank of India has announced a change in senior management with Shri Omprakash Shriniwas Karwa elevated to the post of Chief General Manager, replacing Shri Suresh Chandra Teli who has superannuated.

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Earnings Impact2/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact5/10
Market Sentiment5/10

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Union Bank of India - 532477 - Announcement under Regulation 30 (LODR)-Change in Management

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संदर् भRef.:नि.स.ेवि.ISD/189/2026-27 ददि ंक Date : 01st September 2026 बीएसई लिस्टिंग सेंटर BSE Listing Centre National Stock Exchange of India Ltd. स्िप कोड Scrip Code - 532 477 लनप्स NEAPS स्िप कोड Scrip Symbol-UNIONBANK-EQ Subject: Change in Senior Management of the Bank. In terms of Regulation 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform that Shri Suresh Chandra Teli, Chief General Manager of the Bank, has superannuated from the services of the Bank on August 31, 2026. Further to this, we wish to inform that Shri Omprakash Shriniwas Karwa, General Manager of the Bank, stands elevated to the post of Chief General Manager of the Bank w.e.f. September 01, 2026. Name of Senior Management Shri Omprakash Shriniwas Karwa Personnel Reason for Change Elevation to the post of Chief General Manager of the Bank. Date of Elevation September 01, 2026 Brief Profile Shri Omprakash Shriniwas Karwa is a Chartered Accountant by qualification with over two decades of extensive experience in the banking industry. Over the course of his distinguished career, he has held key leadership positions across a wide range of functional areas, including Treasury, Investments, Fund Management, Risk Management, Credit, Recovery, Finance & Accounts. He possesses rich experience in branch and field administration, having successfully led and managed branches of varying scale and business profiles. His proven leadership, strategic vision, and comprehensive understanding of banking operations have enabled him to drive business growth, strengthen risk governance, enhance operational efficiency, and contribute significantly to the achievement of the Bank’s strategic objectives. Thanking you. भवदीय Yours faithfully, (Asish Mishra) Company Secretary Union Bank of India, Investor Services Division, Union Bank Bhavan,239, Vidhan Bhavan Marg, Nariman Point, Mumbai - 400021. : + 91 22 2289 6636/2289 6643,investorservices@unionbankofindia.bank , website: www.unionbankofindia.co.in