Union Bank of India has announced a key leadership move. Senior banker Sarvesh Ranjan has been promoted to Chief General Manager (CGM). The promotion is effective from February 1, 2026.
Nearly 30 Years in Banking
Sarvesh Ranjan earlier served as General Manager. He brings close to three decades of banking experience. During his career, he has worked in branches, regional offices, and corporate roles. He has also played an active role in training and mentoring staff.
Trusted Name in Compliance & AML
Importantly, Ranjan has handled sensitive portfolios. These include Transaction Monitoring, Central Reconciliation, and Anti-Money Laundering (AML). As digital transactions increase, such roles are now at the core of banking operations.
Strong Tech & Leadership Background
Along with experience, Ranjan brings solid technical expertise. He has completed multiple leadership programmes. In addition, he holds specialised training in IT and Cyber Security. This strengthens the bank’s focus on safe and compliant digital banking.
Why This Promotion Is Important Now
Meanwhile, public sector banks are facing tighter regulations. At the same time, online transactions are rising fast. Therefore, leadership with compliance and risk expertise is critical. In this context, Ranjan’s promotion stands out.
What This Means for Union Bank
Union Bank of India continues to focus on governance, transparency, and technology. Moreover, leadership continuity helps the bank stay stable during regulatory changes. As a result, this move is seen as a strategic step forward.
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