Image Source: Business Standard
Union Bank of India has announced the resignation of Chief Financial Officer Avinash Vasant Prabhu. The bank has swiftly appointed Dhirendra Jain as the new CFO, signaling continuity in financial leadership. This transition marks a significant change in the institution’s executive management team.
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Union Bank of India, one of the country’s leading public sector banks, has confirmed a key leadership change in its finance division. The announcement highlights the departure of Avinash Vasant Prabhu from the role of Chief Financial Officer and the immediate appointment of Dhirendra Jain to the position.
Key Highlights:
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Avinash Vasant Prabhu has stepped down as CFO, ending his tenure with Union Bank of India
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Dhirendra Jain has been named as the new Chief Financial Officer, effective immediately
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The appointment ensures continuity in financial oversight and strategic planning for the bank
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Union Bank of India remains focused on strengthening its financial governance and operational resilience amid evolving market conditions
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This leadership transition is expected to maintain stability while supporting the bank’s long-term growth objectives
Sources: Company Filing to the Exchange
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