Arun Tiwari is new chairman of Union Bank

Public sector lender Union Bank of India today said Arun Tiwari assumed charge as its new chairman & managing director. Photo sourced from the official website

Public sector lender Union Bank of India today said Arun Tiwari assumed charge as its new chairman & managing director.

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, 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, Tiwari was a member of audit, customer service, IT, management and risk management committees.