New Delhi: Union Bank of India has appointed Mr. Vipan Singh, an accomplished banker with more than 28 years of service, as the Head of the Audit and Inspection Vertical. The appointment is effective from July 9, 2025, and is part of the bank’s ongoing focus on strengthening its internal control and governance mechanisms.
A Veteran Banker with Diverse Experience
Mr. Vipan Singh currently serves as General Manager (Empaneled as Chief General Manager) at Union Bank of India. Throughout his nearly three-decade career, he has worked across multiple levels within the bank including Branch Banking, Regional Offices, Zonal Offices, and the Corporate Office.
His tenure includes leading the Jaipur Zone of Union Bank, where he was instrumental in driving growth, compliance, and customer engagement. His deep-rooted knowledge of operations and regulatory compliance has made him a natural choice to head one of the bank’s most critical verticals—Audit and Inspection.
Academic Credentials and Global Exposure
Mr. Singh holds a Master’s degree in Business Administration and is a Certified Associate of the Indian Institute of Bankers (CAIIB). His commitment to professional development is evident from the range of prestigious executive programs he has completed:
- Revenue Management and Dynamic Pricing at IIM Ahmedabad
- Leadership Development Program for Senior Executives conducted in Switzerland, Germany, and France
- Focused Leadership Development Program from Indian School of Business (ISB), Hyderabad
These training programs have equipped him with global perspectives and best practices in leadership, pricing strategy, and capacity building—key elements needed to lead a vertical responsible for the bank’s risk governance framework.
Read Also: RBI Imposes Rs 1.66 Lakh Penalty on Union Bank of India
Focus on Strengthening Internal Controls
As the Head of Audit & Inspection, Mr. Singh will now oversee all internal audit operations, risk reviews, and compliance assessments across the bank’s national and international branches. His role will be pivotal in enhancing transparency, ensuring regulatory adherence, and fostering a culture of accountability.
His leadership is expected to play a vital role in aligning the audit framework with evolving banking regulations and in supporting the bank’s growth with sound internal governance.
About Union Bank Of India
Union Bank of India is an Indian public sector bank headquartered in Mumbai. It has over 153 million customers and a total business of Rs 21,65,726 crores as of 31 December 2024. After merging with Corporation Bank and Andhra Bank, which came into effect on 1 April 2020, the merged entity became one of the largest public sector banks in terms of branch network with around 9,300 branches. Four of these are located overseas in Hong Kong, Dubai, Antwerp, and Sydney.
