Shri Asheesh Pandey has ceased to be the Executive Director of Bank of Maharashtra, effective September 30, 2025. This transition follows his appointment as Managing Director & Chief Executive Officer (MD & CEO) at Union Bank of India. The announcement confirms the leadership change, impacting the board composition.
Leadership Transition
Effective September 30, 2025, Shri Asheesh Pandey has concluded his tenure as Executive Director at Bank of Maharashtra. This change in leadership structure is due to a new career opportunity.
Appointment at Union Bank
Shri Asheesh Pandey’s departure is attributed to his appointment as Managing Director & Chief Executive Officer (MD & CEO) at Union Bank of India. This new role represents a significant career advancement. The bank released this notification on September 30, 2025.
Source: BSE
