Union Bank of India on Tuesday, June 3, announced that Ms. A. Manimekhalai has completed her tenure as the Managing Director and Chief Executive Officer of the bank. Her term concluded on June 2, 2025, and she officially ceased to be a Director with effect from June 3, 2025.

The bank made the announcement in accordance with Regulation 30 and Clause 7 of Para A of Part A of Schedule III of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The official communication was made via a letter to the stock exchanges by the company secretary, Mangesh Mandrekar.

Union Bank of India confirmed the update for investor awareness and regulatory compliance. The bank has not yet announced a successor for the position.

Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.