Board of Directors SHRI M.V.NAIR Chairman & Managing Director  Mr. M.V.Nair took charge of Union Bank of India as Chairman and Managing Director on 1st April 2006.   The Bank is one of the largest Public Sector Banks in India with business mix of Rs 248450 crs+ i.e US $ 51.75+ billion and a branch network of 2750+ branches across India. Mr. Nair’s career which began in Corporation Bank is an example of what innovation and drive can achieve in Public Sector Banks. In Corporation Bank he successfully introduced Cash Management Services, which quickly created a market advantage for Corporation Bank.   He served in Dena Bank as Executive Director and took over as Chairman and Managing Director. He is credited with effecting a turn around in the financial fortunes of that Bank.   In Union Bank, his tenure since April 2006 has been characterized by a series of innovations resulting in putting the Bank on a trajectory of quality growth.   In March 2008, Union Bank became the first large Public Sector Bank to network all its branches under the Core Banking Solution(CBS). Mr Nair successfully introduced a change process called “Project Nav Nirman” by leveraging technology, changing processes and empowering people, thereby transforming the Bank into a customer Centric marketing organization.Business of  the bank has grown from Rs 128700 crs i.e.  US $ 29.61 billion in 2006 to Rs. 248450 crs US $ 51.75 billion as of sep 2009 - a growth of 93% He is the Chairman of Indian Banks’ Association (IBA). He serves as a Director on the Boards of Agricultural Finance Corporation Ltd. He is also a director on the  Board of the GIC Re.  He is also a Chairman of the Governing Board of Institute of Banking Personnel Selection(IBPS) and serves on its Finance Committee. He is a member of the College Advisory Committee of Reserve Bank of India, College of Agricultural Banking, Pune. He is the Chairman of the Executive Committee of the Indian Institute of Banking & Finance(IIBF). He is a member of the Governing Board of National Institute of Bank Management (NIBM), Pune. He is also a member on the National Board of Accreditation of All India Council for Technical Education(AICTE).He is also the member of the governing council of IDRBT and a member on the Board of Trustees of CGTMSE.  He is a member on the Committee constituted by the Govt. of India, Ministry of Finance, for conducting a study of the HR issues of the Public Sector Banks and make appropriate recommendations. He is also a member on study group constituted by the Govt. of India, Planning Commission, to examine various alternatives models for establishing ICT based mobile banking service centres for inclusive banking in the country. He is also a member of the Primary Markets Advisory Committee set up by SEBI and also serves as a member on the Committee to monitor flow of Dollar Export Credit to Exporters constituted by the Govt. of India.He was a member of the sub-group on financial services under the High Level Group on Services Sector constituted by the Planning Commission. He was also a member on the High Powered Committee set up by the RBI and headed by Smt Usha Thorat, Dy. Governor, RBI to review the Lead Bank Scheme.   Under his stewardship Union Bank has brought all its branches under the CBS network the first large Public Sector Bank to do so and has opened representative offices in Shanghai and Beijing, PRC, Abu Dhabi, UAE and Sydney, Australia and also the bank’s first full fledged overseas branch in Hong Kong.     ...................................... Shri S.C.Kalia Executive Director Sh. Kalia assumed charge as Executive Director of Union Bank of India w.e f  today i.e. November 21, 2009. he was earlier the Executivez Director of Vijaya Bank with effect from October 8, 2008. Prior to taking charge at Vijaya Bank, Shri Kalia was General Manager in charge of the Wholesale Banking portfolio at Bank of Baroda’s Corporate Centre, Mumbai. A post-graduate gold medalist in Political Science, Shri Kalia has been a professional banker for over thirty five years in various capacities across the country and abroad. While serving Bank of Baroda, he headed its Agra and Bareilly Regions successfully. Widely traveled within and outside the country, Shri Kalia is known for his expertise, especially in credit related matters and international banking. On his promotion as Senior Manager in the year 1990, he was posted to the Bank’s Group Control Office in London. He was also in-charge of credit and International Banking Business of Bank’s Zonal Office – Western Zone in UP. Shri Kalia was the architect of Bank of Baroda’s Joint Ventures – Baroda Pioneer Asset Management Company Ltd. and Baroda L & G Life Insurance Company. He was the Chief Executive of Bank’s operations in Mauritius and the Board Member of the Supervisory Board of India Advantage Fund sponsored by ICICI Venture Fund. He was also in the Board of Bank of Baroda (Botswana) Ltd., Director on the Board of Directors and Audit Committee of the Board of Erstwhile Bareilly Corporation Bank Ltd., Nainital Bank Limited and Bank of Baroda (Hong Kong) Ltd. Shri Kalia was also the Chairman of Pratapgarh Kshetriya Gramin Bank. Shri Kalia is the recipient of several awards including Banker Shiromani Award and Uttarkashi Award. ................................................................. SHRI S.Raman Executive Director 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 specialization in Banking Supervision, Development Finance, Training and Financial Sector Reforms. Additionally, he is a Certified Associate of Indian Institute of Bankers. ........................................................ Director representing Workmen Employees SHRI N. SHANKAR WORKMEN DIRECTOR 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. ........................................................ 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. ........................................................ Shareholder Director PROF. M.S. SRIRAM Represents shareholder interests on the Board having been elected to the Board at the EGM held on 14th June 2006 and re-elected for a further period of 3 years in EGM held on 22/06/2009. 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 ....................................................... Shareholder Director Shri Arun Kumar Nanda Shri Arun Nanda is a qualified Chartered Accountant, Company Secretary and also a law graduate having more than 35 years experience. Shri Nanda is an Executive Director and President, Infrastructure Development in Mahindra and Mahindra Limited and also on the Board of other Mahindra group companies.  He has vast experience in compliances, Corporate Governance, investments, strategic planning, identifying new business opportunities and corporate communications.  He is the Chairman Emeritus of the Indo-French Chamber of Commerce, a member of the governing Board of the Council of EU Chambers of Commerce in India, Deputy Chairman – Western Region of CII, Chairman of CII National Committee on Water and a member of the Governing Board of Bombay First. He has been recently conferred the award of “Chavalier de la Legion d’Honneur” (Knight of the National Order of the Legion of Honour) by French President and he has also been warded the “Real Estate Person of the Year” from GIREM Leadership Awards .......................................................... Shareholder Director Shri.S. Ravi  Shri Ravi is practicing Chartered Accountant apart from being a Science graduate and Masters in Commerce. He is and has been on the Board of other Public Sector banks as a shareholder Director and was also nominated by the Central Government under the Chartered Accountant Category. He is also on the Board in number of other companies, major amongst them are Hindustan Aeronautics Limited, Mahindra Ugine Steel Limited, Bharat Heavy Electricals Limited, IDBI Capital Markets Limited, IDBI Home Finance Limited, UTI Trustee Company P Ltd. LIC Housing Finance Corporation Ltd., Inter-Connected Stock Exchange of India Ltd.  He was awarded the Indira Gandhi Solidarity Award for scoring a string of inspiring achievements in chosen Field. He is a member on the Committee constituted by the Govt. of India, Ministry of Finance, for conducting a study of the HR issues of the Public Sector Banks and make appropriate recommendations. He is also a member on study group constituted by the Govt. of India, Planning Commission, to examine various alternatives models for establishing ICT based mobile banking service centres for inclusive banking in the country. He is also a member of the Primary Markets Advisory Committee set up by SEBI and also serves as a member on the Committee to monitor flow of Dollar Export Credit to Exporters constituted by the Govt. of India.He was a member of the sub-group on financial services under the High Level Group on Services Sector constituted by the Planning Commission. He was also a member on the High Powered Committee set up by the RBI and headed by Smt Usha Thorat, Dy. Governor, RBI to review the Lead Bank Scheme.   Under his stewardship Union Bank has brought all its branches under the CBS network the first large Public Sector Bank to do so and has opened representative offices in Shanghai and Beijing, PRC, Abu Dhabi, UAE and Sydney, Australia and also the bank’s first full fledged overseas branch in Hong Kong.