UNIONBANKNSEUnion Bank of India· BanksHighNeutral
Announced Wed, 28 Jan · 20:15 IST

Union Bank of India has informed the Exchange regarding Appointment of Mr Dhirendra Jain as Chief Financial Officer of the company w.e.f. February 01, 2026.

Management 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 has informed the stock exchange about the appointment of Mr Dhirendra Jain as the Chief Financial Officer of the bank, effective from February 01, 2026. This is a key leadership change at one of India's public sector banks. The appointment of a new CFO is a significant development as the CFO oversees the financial reporting, treasury, and capital management functions of the bank. No further details about Mr Jain's prior experience or the outgoing CFO have been provided in this filing.

Likely market impact

A new CFO appointment is a routine leadership update and is unlikely to cause immediate stock price movement, but shareholders may want to track the incoming CFO's strategy on asset quality, NPA management, and capital adequacy in upcoming quarterly results.