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Rajneesh Karnatak takes over as Union Bank of India Executive Director

October 22, 2021 12:02 PM

Rajneesh Karnatak takes over as Union Bank of India Executive Director
State-run Union Bank of India on October 22 announced the appointment of Rajneesh Karnatak as Executive Director.

State-run Union Bank of India on October 22 announced the appointment of Rajneesh Karnatak as Executive Director.

The former chief general manager of Punjab National Bank has over 27 years of experience in banking services.

Karnatak also served as a general manager in the erstwhile Oriental Bank of Commerce, where he headed large corporate credit branches and verticals such as credit monitoring, digital banking and mid-corporate credit, the bank said in a release.

Also Read : Union Bank of India at 52-week high, stock rallies 42% so far in October

After the amalgamation of Oriental Bank of Commerce into Punjab National Bank, Karnatak started heading the Credit Review and Monitoring Division and corporate credit division.

Rajneesh Karnatak also served as a nominee director on behalf of Punjab National Bank on the Board of PNB Housing Finance Ltd and ISARC (India SME Asset Reconstruction Company Limited), the release said.

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