Union Bank Appoints Dhirendra Jain as New CFO; Avinash Prabhu Resigns

• Union Bank of India announced Dhirendra Jain as its new Chief Financial Officer, effective February 1, 2026.
• Avinash Prabhu resigned from the CFO position for personal reasons, with his last day being January 31, 2026.
• Dhirendra Jain, 51, is a Chartered Accountant with over 28 years of experience, currently serving as General Manager – Finance and Accounts at Union Bank.
• His experience includes large corporate credit, having served as Regional Head and Zonal Head.
• The appointment was approved by the board on January 28, 2026, and Union Bank shares closed up 3.99% at ₹182.20 on the NSE.

Why It Matters: Union Bank of India appoints Dhirendra Jain as new CFO, replacing Avinash Prabhu who resigned for personal reasons.