Public
sector lender Union Bank of India today said Arun Tiwari assumed charge as its
new chairman & managing director.
Mr
Tiwari, who has over 30 years of experience, started his banking career with
Bank of Baroda and was an executive director at Allahabad Bank prior to his new
job. An MSc in chemistry, Mr Tiwari set up the
operations of Bank of Baroda in Kuala Lumpur and Singapore and played a key
role in the bank’s Project Navnirman and Project Sparsh initiatives. As an
executive director at Allahabad Bank, Mr Tiwari was a member of audit, customer
service, IT, management and risk management committees.
