Union Bank of India informed that Shri Srinivasan Balachander has been appointed as the Chief Compliance Officer (CCO) of the Bank vice Shri A K Vinod. Tenure: For a period of three years on contractual basis extendable by one year at a time subject to maximum term of five years upon satisfactory performance. Commencement of Date of Appointment/Date of Joining: November 01, 2023.

Brief Profile: Shri Srinivasan Balachander, aged 54 years, is a seasoned Banking Professional with more than 30 years of experience. He is a PGD in Business Data Processing and a Graduate in Science (Physics). Earlier, he has worked as a Chief Compliance Officer (CCO), SMFG India Credit Company Ltd. and also served as CCO of Bandhan Bank and AXIS Bank (Head of Compliance function of the Group and its 12 subsidiaries & 5 Overseas Branches).

He is also having experience of Pre on-site and post on-site co-ordination with Regulators for Risk Based Supervision, Branch Head, Retails Branch Operations etc.