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S C Kalia takes over as Union Bank ED

State-run Union Bank of India today announced the appointment of Subhash Chander Kalia as its Executive Director. - PNB may acquire majority stake in Kazakh bank - FII-TO-FII TRADES: PNB traded at 7% premium - Union Bank may raise $500 mn overseas - Govt kicks off talks on bank consolidation - Rupee gains 8 paise to 46.22 vs $ - UBI says no rules violated Prior to this, Kalia was serving as the Executive Director of Vijaya Bank. He has also worked with Bank of Baroda in various capacities, a release said. Kalia was instrumental in setting up of Bank of Baroda"s Joint Ventures -- Baroda Pioneer Asset Management Company and Baroda L & G Life Insurance Company, it added.


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