The Central Government has appointed M Manimekhala as the CEO and Managing Director of Union Bank of India. She is the first woman MD of Union Bank.

• He was the Executive Director of Canara Bank. He started his career in 1988 at Vijaya Bank. The appointment is for 3 years.
• Canara Bank executive director Manimekhalai replaced Rajkiran Rai G, who retired on May 31 after a five-year stint. With her assuming the charge, Manimekhalai becomes the first woman managing director of Union Bank of India.