Union Bank of India has announced the appointment of Amresh Prasad as the Executive Director, effective November 24, 2025. The appointment, approved by the Central Government, is for a term of three years or until superannuation on October 31, 2028, whichever is earlier. Prasad previously served as Chief General Manager at Punjab National Bank.
Executive Director Appointment
Amresh Prasad has been appointed as the Executive Director of Union Bank of India, commencing November 24, 2025. This appointment follows the Central Government’s notification dated November 24, 2025.
Terms of Appointment
Prasad’s tenure will last for three years from the date he assumed office, up to October 31, 2028 (his superannuation date), or until further notice—whichever comes first.
Professional Background
Before this appointment, Amresh Prasad held the position of Chief General Manager at Punjab National Bank, specifically stationed at the Corporate office.
Experience and Qualifications
Prasad brings extensive banking experience of over 32 years, including roles in branch banking, zonal offices, and head office functions. His expertise covers corporate credit, credit review, monitoring, and transaction monitoring. He is a Chemistry graduate and a Certified Associate from the Indian Institute of Bankers (CAIIB).
Leadership Development
Shri Prasad has actively participated in various training and Leadership Development Programs, including the Leadership Development Program at SBIL Kolkata.
Director Relationships
Amresh Prasad does not have any familial or financial ties with any current Directors of Union Bank. Furthermore, he has not been barred from holding the position of Executive Director by any SEBI order or other such authority.
Shareholding Disclosure
Amresh Prasad does not currently hold any shares in Union Bank of India.
Source: BSE