Nirvana Chaudhary appointed as Union Bank Chairman

Union Bank announced the appointment of Nirvana Chaudhary as Chairman of Union Bank, with effect from December 21, 2023.
Chaudhary was appointed as a Non-Executive, Non-Independent Director to the Union Bank board in October 2023. He has extensive experience as a business leader and is presently Managing Director of CG Capital Partners Global Pte Ltd and Chairman of several companies within the global conglomerate CG Corp Group of Nepal. 

He holds a Bachelor of Business Administration and a Master of Business Administration from Kathmandu University, Nepal and has completed the Entrepreneurial Masters Programmes at London Business School, UK and Massachusetts Institute of Technology, USA.
Union Bank also welcomes the appointments of Malay Mukherjee and Sanjay Pokhrel to its board of directors. 
Mukherjee is an experienced banker, with over 42 years of experience in audit, risk and IT and was appointed as a Non-Executive, Non-Independent Director of Union Bank in October 2023. Mukherjee has held many key positions in the banking sector in India and presently serves as a Director of Nabil Bank Limited, Nepal, where CG Corp Global is the major shareholder. 
He holds a Master of Science in Physics from Banaras Hindu University, India and was awarded an Honourary Fellowship in Banking and Finance from the Indian Institute of Banking and Finance, India. 
Pokhrel was appointed as a Non-Executive, Non-Independent Director of Union Bank in November 2023. He is a highly experienced financial expert and a chartered accountant, with extensive experience in investment management, mergers and acquisitions and asset management. Currently, he is Head of Mergers and Acquisitions at CG Corp Global in Dubai. 
In a statement to the media, Union Bank said these appointments bring a wealth of experience and expertise to the entity, marking a strategic move to strengthen and diversify its strategic capabilities and leadership and come at a pivotal time, reflecting the bank’s commitment to fostering growth, innovation and excellence in banking services.