UNIONBANKNSEUnion Bank of India· BanksMediumNeutral
Announced Fri, 1 Aug · 16:30 IST

Union Bank of India has informed the Exchange about change in Senior Management

Kmp ResignedManagement Changes View source PDF

UNIONBANK · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Union Bank of India announced a change in its senior management effective August 1, 2025. Shri Chander Mohan Minocha, Chief General Manager, retired from the bank on July 31, 2025 after superannuation. To fill the vacancy, Shri Vipan Singh, a General Manager, was elevated internally to the post of Chief General Manager from August 1, 2025. Shri Singh holds an MBA and is a Certified Associate of the Indian Institute of Banking (CAIIB) with over 28 years of experience across branch, regional, zonal, and corporate office roles, including heading the Jaipur Zone. The change was disclosed under SEBI Listing Regulations 30 and 51.

Likely market impact

This is a routine, orderly succession at the senior management level with an internal candidate being promoted, which signals continuity and stability. No material impact on shareholders or stock price is expected from this change.