Union Bank of India announced that Shri Ashwini Kumar Ramkrishna Choudhary has been appointed as Chief Risk Officer of the Bank in place of Shri Omprakash S. Karwa. He assumed the office on 22nd May 2023. He has 24 years of professional experience with exposure to corporate finance, project finance, management of credit risk, market risk, asset liability, credit underwriting, compliance, policy development and implementation. He is a certified FRM from Global Association of Risk Professionals (GARP). He has worked as Chief Risk Officer with Tata Cleantech Capital Limited
since November 2019. He has earlier worked with Bank of Baroda, SREI Infrastructure Finance Ltd., HDFC Bank and HSBC in different roles.