Union Bank Appoints Dhirendra Jain as New CFO; Avinash Prabhu Resigns
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CNBC TV18•28-01-2026, 21:14
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.
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