Union Bank of India announced the appointment of Avinash Vasant Prabhu as Chief Financial Officer of the Bank, with effect from November 20, 2023.
According to the company’s exchange filing, “In terms of Regulation 30 and Regulation 51 read with Point No. 7 of Para A of Part A of Schedule III of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, we wish to inform that CA Avinash Vasant Prabhu, has been appointed as the Chief Financial Officer (CFO) of the Bank vice CA Prafulla Kumar Samal.”
Avinash Vasant Prabhu, aged 54 years, is a Chartered Accountant and a seasoned Finance Professional with more than 25 years of experience. Earlier, he has worked as a CFO India for Deutsche Bank handling Financial Reporting (Group, Regulatory) Business and Infrastructure Finance, ALM, Tax, Transformation and Financial Planning and Strategy.
Prior to that, he has also served as CFO India for Credit Agricole CIB and as a Manager with Arthur Andersen.
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