Union Bank of India has announced a key leadership change with the promotion of Shri Sarvesh Ranjan to the position of Chief General Manager (CGM). This development follows the superannuation of Shri Bhaskara Rao Kare and reflects the bank’s focus on leadership continuity and operational strength.
Background of Leadership Change at Union Bank
- Union Bank informed that Shri Bhaskara Rao Kare, who served as Chief General Manager, retired from the bank’s services on January 31, 2026.
- During his tenure, he played an important role in strengthening operations, guiding leadership initiatives, and supporting strategic projects across the bank.
Promotion of Shri Sarvesh Ranjan
- After the retirement of Shri Bhaskara Rao Kare, Union Bank promoted Shri Sarvesh Ranjan.
- Who was earlier serving as General Manager, to the post of Chief General Manager, effective February 1, 2026.
- This promotion highlights the bank’s confidence in his experience, leadership abilities, and long-standing contributions to the organisation.
Professional Profile of Shri Sarvesh Ranjan
- Shri Sarvesh Ranjan is an engineering graduate and a highly experienced banker with nearly 30 years of experience in the banking sector.
- Before his promotion, he was working as General Manager – Central Reconciliation, Transaction Monitoring & Anti-Money Laundering (AML) at Union Bank.
His career includes exposure to,
- Branch banking
- Regional and zonal offices
- Staff training college
- Corporate office roles
This wide experience gives him strong operational and managerial understanding of banking systems.
Leadership Training and Technical Qualifications
Apart from his banking experience, Shri Ranjan has completed several leadership and professional development programs, including,
- Leadership programs from the University of Applied Sciences, Switzerland
- Executive education from the Indian School of Business (ISB), Hyderabad
- IT and Cyber Security certification from IDRBT, Hyderabad
- These qualifications prepare him well to handle modern banking challenges such as digital security, governance, and risk management.
Question
Q. Who has been promoted to the position of Chief General Manager of Union Bank of India with effect from February 1, 2026?
A. Bhaskara Rao Kare
B. Sarvesh Ranjan
C. Rajnish Kumar
D. Atul Kumar Goel
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