Nominee Director
Appointed as the Nominee Director by the Board of Union Bank of IndiaOversaw the Bank’s functioning having advances of more than Rs. 14,400 Crore (450+ Branches in UP)
Apr 2017 - Apr 2018
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Vimalesh Jain Email & Phone Number
Retired DGM at Union Bank of India
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Role
Retired DGM at Union Bank of India
Location
Mumbai Metropolitan Region, India
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Vimalesh Jain is listed as Retired DGM at Union Bank of India based in Mumbai Metropolitan Region, India. AeroLeads shows a matched LinkedIn profile for Vimalesh Jain.
Vimalesh Jain previously worked as Nominee Director at Kashi Gomti Samyut Gramin Bank and DGM- Rural & Agricultural Business, Central Office at Union Bank Of India. Vimalesh Jain holds Caiib, Banking, Corporate, Finance, And Securities Law from Indian Institute Of Banking & Finance.
Profile bio
About Vimalesh Jain
I have a rich 39 Years experience of working in the Banking Industry. Retired as a DGM in the Rural and Agricultural Business Department of Union Bank Of India. Concurrently, I was holding the post of Nominee Director at Kashi Gomti Samyut Gramin Bank, Varanasi prior to my retirement. Prior to this, during 2015-16, I was the Regional Head of Lucknow Region, and oversaw the implementation of various expansion plans in the region. During the Years 2013-15, I was looking into the Financial Inclusion operations of the Bank as the Deputy Head (India Operations). As a part of the Leadership team, I have headed the Interview and Group Discussion Panels at various events of the Bank for deciding upon the promotion hierarchy of Junior Employees.
7 roles
Vimalesh Jain work experience
A career timeline built from the work history available for this profile.
Dgm- Rural & Agricultural Business, Central Office
Managed Bank’s overall Agricultural Advances portfolio of more than Rs. 46,000 CroresProcessed more than 131 Proposals [5900+ Crores], Oversaw the working of 2300+ Rural Development OfficersSpearheaded the bank to achieve the benchmark ratio of 40% Priority Sector & 18% Agri. LendingLiaised Bank’s relationship with DFS (GOI), RBI, IBA, NABARD, State GovernmentsManaged Bank’s Rural Infrastructure Development Fund of more than Rs. 8,900 Crores
May 2016 - Apr 2018
Regional Head- Lucknow Region
Headed the Lucknow Region having total business of more than Rs. 11,000 Crores, staff strength of 1,000+ employees and 98 Branches spread over 9 Districts of Uttar PradeshOrganized E-Rickshaw Loan Disbursement program presided by the Hon’ble Prime Minister Shri Narendra Modi, Home Minister Shri Rajnath Singh and UP Governor Shri Ram NaikSurpassed the total business and profitability targets for the region during the tenureIncreased the profits by Rs. 28 Crores and caused a substantial reduction in NPA by more than Rs. 81 Crores
Apr 2015 - Apr 2016
Dgm- Financial Inclusion, Head Office
Played an instrumental role during the launch of PMJDY, 45 Lacs+ Accounts opened across 34,500+ villages, having balance of more than Rs. 352 Crores, as on March 2015Administered the Direct Benefit Transfer Scheme of LPG Subsidy, Scholarships and other govt. benefitsLiaised with DFS (GOI), RBI, IBA, NABARD, State Governments, attended weekly VC meetings with DFS(GOI)Co-ordinated Bank’s CSR Programs, Launched Girl Child Scholarships Program (6,000+ Beneficiaries), Accelerated disbursements in Rural Area for Solar Lights, Handpumps, Toilets, School Furniture, etc.
Dec 2014 - Apr 2015
Agm- Financial Inclusion, Central Office
Aug 2013 - Nov 2014
Branch Head- Agm / Cm
Mulund (W) Mumbai, [Business 500+ Crores] Increased the Advances by more than 46%, Gross NPA at 0.07%Bhilwara Raj. Branch, [300+ Crores] Expanded business and increased profits by more than 100%. Designed a cluster specific advances scheme for Textile Units of the Region. Introduced Major New Clients [70+ Crores]Jodhpur Main Raj. Branch, [200+ Crores] Caused NPA Reduction by more than 40%Headed 5 More Branches in Gujarat and Rajasthan State [Vadodara & Ajmer District]
Aug 1996 - Aug 2013
Branch Head
May 2008 - Jul 2012
4 education records
Vimalesh Jain education
Caiib, Banking, Corporate, Finance, And Securities Law
Indian Institute Of Banking & Finance
M. Com., Accounting And Finance, Distinction
B.Com, Business/Commerce, General, Distinction
Business/Commerce, General
Government School Ajmer
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What is Vimalesh Jain's role at their current company?
Vimalesh Jain is listed as Retired DGM at Union Bank of India.
Where is Vimalesh Jain based?
Vimalesh Jain is based in Mumbai Metropolitan Region, India.
What companies has Vimalesh Jain worked for?
Vimalesh Jain has worked for Kashi Gomti Samyut Gramin Bank and Union Bank Of India.
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What schools did Vimalesh Jain attend?
Vimalesh Jain holds Caiib, Banking, Corporate, Finance, And Securities Law from Indian Institute Of Banking & Finance.
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