He is also a member on the High Powered Committee set up by the Reserve Bank of India(RBI) and headed by Smt Usha Thorat, Dy. Governor, RBI to review the Lead Bank Scheme.
SHRI T.Y. PRABHU
Shri T.Y. Prabhu was appointed as Executive Director on 6th June, 2007. He has over 39 years of Banking experience. Prior to joining the Bank, Shri Prabhu joined Canara Bank in 1970 and later became General Manager of its Circle Office in New Delhi. Shri Prabhu's experience covers a broad range of banking areas including international division, Corporate Credit, Commercial Credit, Foreign Exchange, Treasury and Investments and general administration. During his time with Canara Bank, Shri Prabhu worked in Regional Rural Bank, handled Large Borrowal Accounts, Sick Industries Accounts, BIFR Accounts, Treasury and International Operation. He was deputed by Canara Bank to its wholly owned subsidiary in Hong Kong during 1994-1997.
Shri Prabhu had also worked in domestic treasury and handled initial public offering of Canara Bank as well as various other assignments including integration work relating to domestic as well as forex treasury. During his tenure with Canara Bank, he was appointed by the RBI as a member of the Advisory Group on Foreign Exchange Management Act Regulations relating to Services like remittances etc.
Shri Prabhu is a graduate in Commerce and has a degree in Law. He is a Certified Associate of the Indian Institute of Bankers(CAIIB).
Mr. S. Raman joined the Union Bank of India as Executive Director on 15th October, 2008.
Prior to joining the Union Bank of India, Mr. Raman was with the Bank of India for over 34 years and had exposure to different segments including Corporate Banking, International Business and Human Resources Management. Mr. Raman served in different parts of the country including Mumbai, New Delhi, Ahmedabad, Pune, Hyderabad, Bhubaneshwar and Nagpur in different capacities including as Zonal Manager in Orissa and Gujarat.
Mr. Raman also had two stints Overseas - at Jersey (UK) from 1983 to 1987 and as Chief Executive of Bank of India's US Operations from June 2005 to October 2008, during which period the Center showed spectacular progress.
Mr. Raman has had a distinguished academic background. A B.Com. from Osmania University (with a Second Rank) followed by an M.A. in Economics from Nagpur University (with First Rank and a Gold Medal). He also holds a Diploma in Business Management (again with an University Second Rank), a Senior Diploma in German Language besides CAIIB from the Indian Institute of Bankers and ACIB from the Chartered Institute of Bankers, London.
Mr. Raman currently oversees the portfolios of Risk Management, Human Resources, Rural Business, General Administration and Retail.
Government of India Nominee
SHRI K.V. EAPEN
Shri Eapen represents Government of India on the Board of Directors of the Bank w.e.f. from 10th June, 2008. He is an IAS Officer of the Assam- Meghalaya cadre of 1984 batch and is presently Joint Secretary, Dept. of Financial Services, Government of India, New Delhi. An alumni of St. Stephen's College, University of Delhi, he has a Bachelor of Arts degree and a Post Graduate degree in Economics. He also holds a Post Graduate Diploma in Management from Management Development Institute Gurgaon and an M.Sc. in Macro Economic Policy and Planning from the University of Bradford, United Kingdom.
He has worked in different districts of Assam and Meghalaya spanning more than a decade in District Administration. In addition he has experience in areas such as Health and Family Welfare, Tourism, Planning and Programme Implementation, Agriculture and Industries . He was also Finance Secretary of Assam for two years. He has also served in various Central Ministries such as Commerce and Industry, Tourism and the Department of Personnel and Training.He is also Government of India nominee director on the Board of IFCI Ltd.
Government of India nominee on the recommendation of RBI.
SHRI K. SIVARAMAN
Nominated by Government of India, on the recommendation of Reserve Bank of India, as Director with effect from 27th February, 2007, under sub-section (3) of section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970. He is a retired Senior Executive from Reserve Bank of India. He has a post graduate degree in Statistics ( M.Sc. from Banaras Hindu University, Varanasi, India) He has more than 37 years experience in the Banking Industry with specialisation in Banking Supervision, Development Finance, Training and Financial Sector Reforms. Additionally, he is a Certified Associate of Indian Institute of Bankers.
Chartered Accountant Director
Nominated by Government of India as a part-time non-official Director under Chartered Accountant category, effective 11th October, 2006, under sub-section (3)(g) of section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970. He is a qualified Chartered Accountant practising for more than 24 years with wide experience in Accounting, Finance, Taxation, Forensic Audit, Investigation, Mergers & Takeover, and Bank Auditing. He also has vast experience in Alternate Dispute Redressal Mechanism including Arbitration. Additionally, he is a Diploma holder in Computer Applications with special emphasis on Banking Application and Client Server Technology and also a Post-Professional Diploma in Computerised Information Systems Audit (DISA). He is also pursuing his Phd. in Economics.
Completed Executive Management Program of Crestcom International , Denver, Colorado, USA. Successfully completed the AMFI - (Association of Mutual Funds of India) Advisors Module of National Stock Exchange Certification in Financial Markets (NCFM). He is regularly consulted by many leading Educational Institutions on Resource Development , Curriculum framing and acts as Anchor for Personal Interviews ( PI) and Group Discussions (GD).
Director representing Workmen Employees
SHRI N. SHANKAR
Government nominated Director under Clause (e) of Sub-Section (3) of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970. A Bank employee since 1979 and is presently a Special Assistant in M. S. Marg branch, Mumbai. Currently, he is the General Secretary, Union Bank Staff Union, Mumbai and Organizing Secretary of AIUBEA the majority recognized Union in the Bank. He is also the Joint Secretary of Maharashtra State Bank Employees Federation covering more than 50,000 employees and is also the National General Council member. He is also a member of many Committees at various levels that take up updating AIBEA movement. He is a Graduate in the faculty of Science and a member of the Institute of Cost and Works Accountants of India.
An employee representative on the PF Trustee in the Union Bank of India employees PF Trust for the last eight years, he has been instrumental in bringing about various improvements and streamlining the functioning of the department through Union Parivar resulting in speedy disbursement of PF Loans and Retirement dues.
He is also involved in the Cooperative Society movement in Navi Mumbai and is the key member of the action committee formed by Navi Mumbai Municipal Corporation and Citizens to implement Municipal tax etc.
Director representing Officer Employees
Government nominated Officer Employee Director, effective 22nd November, 2005, under Clause (f) of sub-section (3) of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970. He is a Science Graduate and an MBA. Additionally, he has separate Diplomas in Computer Science and Rural Development apart from a Post Graduate Diploma in Marketing Management. His professional qualification is CAIIB. He is a Direct recruited Officer since 1985 and handled different gamut of Banking covering areas like International Banking, Recovery of NPAs, Priority Sector Advances and Rural Financing, Credit, Relationship Banking, Merchant Banking and Risk Management Department. Currently, he is Vice President, Union Bank of India Officers' Federation and General Secretary of Delhi State Unit. He serves on a number of Committees of the Board.
Government Nominee Director under General Category
SMT. RANI SATISH
Nominated by Government of India as a part-time non-official Director with effect from 2nd January, 2007, under sub-section 3(h) and (3-A) of section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970. She is a Post Graduate in Political Science and has been involved in various social welfare activities spanning over three decades, particularly in the fields of education, culture, social welfare, women empowerment and NGO activities.
Government Nominee Director under General Category
SHRI ASHOK SINGH
Nominated by Government of India as a part-time non-official Director effective 19th February, 2008 under sub-section 3(h) and (3-A) of section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970. He is a graduate in the faculty of Science and a post graduate in Law from Lucknow University.
He is a social worker and a trade union leader actively associated with Congress party from his youth. Presently he is a member of AICC Mughalsarai ( Chandoli) and Vice Chairman, Labour Cell, AICC .He currently holds important positions in several trade / labour unions and federations at the national level such as Chairman, Labour Cell, PCC, Uttar Pradesh Congress Committee, President, U.P. State Branch of INTUC, Indian National Sugar Mill Workers' Federation, President, Indian National Defence workers' Federation, Vice President, Indian National Electricity Workers' Federation and INTUC He is the Vice Chairman of National committee on child labour. He is also a member on the Board of Trustee of the Employees Provident Fund managed by the Ministry of Labour, Government of India, member on the Board of Governors of the Indian Institute of Management, Lucknow, member, National Committee on sugar,under the Ministry of Labour, Member Court of the University, Allahabad and Governing Body , National Council of Rural Institutes, Hyderabad, Govt. of India. Shri Singh was appointed to act as a delegate representing several trade unions to attend a number of the international labour conference. Shri Singh is a Chairman of standing Committee for effective co-ordination between Industry & Technical Education Institutions constituted by Government of India, Ministry of Human Resource Development and Committee for monitoring the extension of social security to the construction workers under Ministry of labour.
He was AICC Observer for Nagaland State in the President Election held in the year 2007and also the Chairman of the National Youth Council, Indian National Trade Union Congress (INTUC). 1994-95
Part-time non-official Director
Dr. Gulfam Mujibi
Nominated by Government of India as a part-time non-official Director effective 29th January, 2009, under sub-section 3(h) and (3-A) of section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980. Dr. Gulfam Mujibi is a Post Graduate (MA) with a gold medal from Ranchi University. He also holds a Ph.D and LLB degree from Ranchi University. Dr. Mujibi has been involved in social service right from his college days. He started his career as a General Secretary of District Youth Congress. At present is Chairman Jharkhand Minority Commission, Vice President of Jharkhand State Congress Committee, Member of All India Congress Committee, Member of State Election Committee (Jharkhand), Coordinator of National Commission for Minority Educational Institution, Member of Senate, Ranchi University and Chairman of Milli Talimi Mission (Bihar and Jharkhand). In addition, he is associated with many social and educational institutions such as Director of Millat Primary Teachers Training College, President of Mahendra Mahila College, Patron of Al Habib Women's and Law College of Bokaro, Secretary of Maulana Azad College, Ranchi.
PROF. M.S. SRIRAM
Represents shareholder interests on the Board having been elected to the Board at the EGM held on 14th June 2006. He holds a Post Graduate Diploma in Rural Management from Institute of Rural Management, Anand (IRMA) (1984) and is a Fellow of the Indian Institute of Management, Bangalore (1992). Currently is a Professor and Chairperson, Finance and Accounting Area, Indian Institute of Management, Ahmedabad. He has more than two decades of experience in academia and consulting. His fields of expertise are Financial Accounting, Agricultural Finance, Social Entrepreneurship and Microfinance. His publications include two books and several papers.
R. R. NAIR
Shareholder Director, elected to the Board at the EGM held on 18th June 2003 and was re-elected as Shareholder Director for a further period of three years at an election held on 14th June, 2006. Mr. Nair has qualified in Industrial Psychology from Kerala University, IIT Kharagpur and Tavistock, UK. He is an alumnus of Stanford and Michigan Universities. Has over 35 years' experience in HR with Hindustan Lever and Unilever. Presently, besides serving as a CEO Coach and HR Strategic Consultant for many leading companies, he serves as a Director in other companies including BASF India and TVS Electronics. He contributes periodically as a faculty at the Indian School of Business, Hyderabad. He was chosen by the National HRD Network for the National Award for outstanding contribution to the human resource function and now, CNBC-KPMG conferred on him the lifetime achievement Award in Human Resource. ........................................................
PROF. NANDLAL L. SARDA
Prof. N.L. Sarda was elected as Shareholder Director at the EGM held on 18th June, 2003 and was re-elected as Shareholder Director for a further period of three years at an election held on 14th June, 2006. He is presently a Professor at the Indian Institute of Technology Bombay in the department of Computer Science and Engineering. He received his Masters and his PhD. degrees from IIT. He has more than 35 years of experience in teaching and research in Information Technology. He has also served on various other Committees of the Board of the Bank.