Union Bank CGM Suresh Teli Superannuates, Omprakash Karwa Elevated

Nature of change: Superannuation and elevation in senior management positions.

Superannuation Details:

Shri Suresh Chandra Teli, Chief General Manager of the Bank, superannuated from the services of the Bank on August 31, 2026.

Elevation Details:

Shri Omprakash Shriniwas Karwa, General Manager of the Bank, elevated to the post of Chief General Manager of the Bank
Effective date: September 01, 2026
Reason for change: Elevation to the post of Chief General Manager of the Bank

Brief Profile of Shri Omprakash Shriniwas Karwa:

Qualification: Chartered Accountant
Experience: Over two decades of extensive experience in the banking industry
Key leadership positions held across functional areas including:
Treasury
Investments
Fund Management
Risk Management
Credit
Recovery
Finance & Accounts
Rich experience in branch and field administration
Has successfully led and managed branches of varying scale and business profiles
Possesses proven leadership, strategic vision, and comprehensive understanding of banking operations
Has enabled business growth, strengthened risk governance, enhanced operational efficiency, and contributed significantly to the achievement of the Bank's strategic objectives

Regulatory Compliance:

Disclosure made in terms of Regulation 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Signed by Asish Mishra, Company Secretary on September 01, 2026 at 17:43:10