Rajneesh Karnatak takes over as Union Bank of India Executive Director

State-run Union Bank of India on October 22 announced the appointment of Rajneesh Karnatak as Executive Director.

The former chief general manager of Punjab National Bank has over 27 years of experience in banking services.

Karnatak also served as a general manager in the erstwhile Oriental Bank of Commerce, where he headed large corporate credit branches and verticals such as credit monitoring, digital banking and mid-corporate credit, the bank said in a release.

After the amalgamation of Oriental Bank of Commerce into Punjab National Bank, Karnatak started heading the Credit Review and Monitoring Division and corporate credit division.