Mumbai /New Delhi : Shri Asheesh Pandey assumed charge as Managing Director & CEO of Union Bank of India, today. A seasoned banker with experience of over 27 years, Mr. Asheesh Pandey started his career in erstwhile Corporation Bank at its Industrial Finance Branch, Mumbai and later worked in the Investment & International Banking Division in Mumbai. 

Before his present appointment, he served as Executive Director at Bank of Maharashtra for over 3 years 9 months, where he was instrumental in driving Corporate Credit & Treasury, Digital Lending Solutions, Machine Learning, Artificial Intelligence, Robotic Process Automation (RBA) across various domains, including retail, compliance, human resources, and customer services. Under his leadership the Bank implemented several technology-driven initiatives such as digital lending solutions, internal dashboards, and process reengineering.

Earlier, Shri Pandey held the position of Chief General Manager (CGM) & Chief Operations Officer (COO) at Union Bank of India, where he successfully steered the integration and process harmonisation of the amalgamated entity. He played a pivotal role in re-engineering operations, embracing automation, and implementing cutting-edge digital solutions such as WhatsApp Banking, e-Nomination, Online Death Claim Settlement, Video KYC, Robotic Process Automation, Doorstep Banking, Digi Connect Branches, and several advanced analytics-based monitoring tools.

Over the years, he has handled a wide range of portfolios including Credit, Treasury & Merchant Banking, Credit Monitoring, Foreign Transactions & Joint Ventures, Marketing & Customer Relationships, and Banking Operations. As General Manager of Credit Monitoring and Restructuring at Union Bank, he introduced advanced monitoring systems powered by data analytics, predictive modelling, and machine learning to strengthen credit portfolio management. He has rich field exposure and has held key leadership positions, notably leading Union Bank’s Jaipur Region.

He also held the post of Chairman of The Maharashtra Executor & Trustee Co. Ltd., which is a wholly owned subsidiary of Bank of Maharashtra and also the President & Trustee representing Bank in Gramin Mahila Va Balak Vikas Mandal (GMBVM), a Trust of Bank of Maharashtra.

Shri Asheesh Pandey is a Mechanical Engineer (Hons) with Post Graduation in Management (Hons) with specialisation in Finance & Marketing. He is Certified Associate of Indian Institute of Bankers, also holds NSE Certification in Insurance (both Life & Non-Life), Mutual Funds & Demat Operations. He undertook Executive Leadership programme and is an alumnus of IIM, Bangalore. He also underwent Directors Development Program 2023 by Egon Zehnder in collaboration with Harward Business Publishing.