Union Bank of India has announced a leadership reshuffle, confirming the retirement of Suresh Chandra Teli, Chief General Manager, on August 31, 2026, and elevating Omprakash Shriniwas Karwa to the post of Chief General Manager effective September 1, 2026. The move marks a seamless handover at the bank’s senior-most executive level, underscoring a continuity-driven approach to sustaining its strategic agenda.
Omprakash Shriniwas Karwa, who steps up from General Manager to Chief General Manager, is described in the bank’s note as a Chartered Accountant with more than two decades of experience in the banking sector. Over the course of his career, he has held key leadership roles spanning Treasury, Investments, Fund Management, Risk Management, Credit, Recovery, Finance & Accounts, and has overseen branch and field administration across varying scales and profiles. His breadth of experience is positioned to support stronger risk governance, operational efficiency, and the alignment of the bank’s operations with its strategic objectives.
The appointment reflects Union Bank of India’s emphasis on deep internal leadership pipelines and institutional knowledge as it navigates an evolving financial landscape. Karwa’s proven leadership and strategic vision are being anticipated to contribute to continued growth and resilience across the bank’s core functions, reinforcing its capability to manage risk while pursuing customer-centric expansion.