Home / Business and Economy / Government Appoints New CEOs for Union Bank and Central Bank
Government Appoints New CEOs for Union Bank and Central Bank
30 Sep
Summary
- Asheesh Pandey named as new MD and CEO of Union Bank of India
- Kalyan Kumar set to head Central Bank of India
- Appointments approved by Cabinet's Appointments Committee
On September 30, 2025, the Indian government announced the appointment of new leaders for two prominent public sector banks. Asheesh Pandey has been named as the new Managing Director and Chief Executive Officer of Union Bank of India, while Kalyan Kumar is set to take charge as the head of Central Bank of India.
These high-profile banking appointments were approved by the Appointments Committee of the Cabinet, based on recommendations from the Financial Services Institutions Bureau. The government has tapped these experienced banking professionals to helm these state-owned lenders, as part of its ongoing efforts to strengthen the public banking sector.
Pandey and Kumar bring a wealth of industry expertise to their new roles. Their appointments are expected to provide fresh leadership and strategic direction to Union Bank and Central Bank, as they navigate the evolving financial landscape in India.
