Asheesh Pandey as MD-CEO of Union Bank and Kalyan Kumar as MD-CEO of Central Bank:
The government has appointed Asheesh Pandey as the Managing Director and CEO of Union Bank of India, and Kalyan Kumar as the MD and CEO of Central Bank of India. Both appointments are for a three-year term, following the approval of the Appointments Committee of the Cabinet (ACC). Asheesh Pandey previously serving as Executive Director at Bank of Maharashtra, Asheesh Pandey brings experience in banking operations and credit management. He will now take over as the CEO of Union Bank of India, one of India’s largest public sector banks. Kalyan Kumar currently the Executive Director at Punjab National Bank (PNB), Kalyan Kumar will succeed M.V. Rao as the CEO of Central Bank of India upon Rao’s superannuation in July 2025.