Arumugam Manimekhalai
Chief Executive Officer at UNION BANK OF INDIA
Profile
Arumugam Manimekhalai is currently the Chief Executive Officer, Director & MD at Union Bank of India, Chairman at Canbank Computer Services Ltd., Chairman at Canbank Factors Ltd., Chairman at Union Bank of India (UK) Ltd., and Independent Non-Executive Director at General Insurance Corporation of India.
Ms. Manimekhalai is also an Associate at Indian Institute of Banking & Finance and a Trustee at Canara Robeco Mutual Fund.
Ms. Manimekhalai previously worked as an Executive Director at Canara Bank, an Independent Director at General Insurance Corporation of India, and a General Manager at Vijaya Bank Ltd.
Ms. Manimekhalai holds an MBA from the University of Bangalore.
Arumugam Manimekhalai active positions
Companies | Position | Start |
---|---|---|
UNION BANK OF INDIA | Chief Executive Officer | 2022-06-02 |
GENERAL INSURANCE CORPORATION OF INDIA | Director/Board Member | 2022-09-04 |
Canbank Factors Ltd.
Canbank Factors Ltd. Finance/Rental/LeasingFinance Canbank Factors Ltd. is a subsidiary of Canara Bank, controlled by the Government of India. The private company is based in Bangalore, India and was founded in 1991. The Indian company provides cash flow solutions for MSMEs through sale bill factoring, LC discounting, purchase bill discounting, and vendor financing schemes. The company offers quick response and better pricing for their client-friendly products. Factoring is the discounting of receivables, converting credit sales into cash sales immediately. The company purchases receivables on a recourse basis and provides immediate credits up to 80%% to 90%% of the value of invoices. The benefits of factoring include improving turnover, better credit management, improving profit, and making balance sheets healthier. Canbank Factors provides complementary WC limits availed from banks, follow-up of each invoice by factor and collection of dues, and off-balance-sheet finance. | Chairman | - |
Canbank Computer Services Ltd.
Canbank Computer Services Ltd. Regional BanksFinance Canbank Computer Services Ltd. is an Indian company ultimately controlled by the Government of India. The private company is based in Bangalore, India. The company was founded in 1994. | Chairman | - |
Canara Robeco Mutual Fund
Canara Robeco Mutual Fund Investment Trusts/Mutual FundsMiscellaneous Canara Robeco Mutual Fund functions as an open-end investment fund and is ultimately controlled by the Government of India. The private company is based in Mumbai, India. | Director/Board Member | 2019-05-14 |
Indian Institute of Banking & Finance | Corporate Officer/Principal | - |
Union Bank of India (UK) Ltd.
Union Bank of India (UK) Ltd. Major BanksFinance Union Bank of India (UK) Ltd. is a British banking company that offers personal and business banking services, including current accounts, savings accounts, and term deposits. The private company is based in London, UK. The company provides guaranteed interest rates for savings accounts and term deposits. Union Bank of India (UK is a subsidiary of Union Bank of India and ultimately controlled by the Government of India. The company was founded in 1919. The CEO is Viswesvaran Radhakrishnan. | Chairman | - |
Former positions of Arumugam Manimekhalai
Companies | Position | End |
---|---|---|
GENERAL INSURANCE CORPORATION OF INDIA | Director/Board Member | 2022-06-02 |
CANARA BANK | Director/Board Member | 2022-06-02 |
░░░░░░ ░░░░ | ░░░░░░░░░ ░░░░░░░░░░░░░░░░░ | - |
Training of Arumugam Manimekhalai
University of Bangalore | Masters Business Admin |
Experiences
Positions held
Active
Inactive
Listed companies
Private companies
Connections
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
Listed companies | 3 |
---|---|
CANARA BANK | Finance |
UNION BANK OF INDIA | Finance |
GENERAL INSURANCE CORPORATION OF INDIA | Finance |
Private companies | 5 |
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Vijaya Bank Ltd.
Vijaya Bank Ltd. Regional BanksFinance Vijaya Bank Ltd. engages in providing banking services. It operates through the following segments: Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations. The Treasury segment includes all investment portfolio, profit/ loss on sale of investments, profit/loss on foreign exchange transactions, equities, income from derivatives, and money market operations. The Corporate/Wholesale Banking segment offers lending and deposits from corporate customers and identified earnings and expenses of the segment. The Retail Banking segment provides lending and deposits from retail customers and identified earnings and expenses of the segment. The Other Banking Operations segment includes services and operations not covered under Treasury, Wholesale Banking and Retail Banking. The company was founded by A. B. Shetty on October 23, 1931 and is headquartered in Bangalore, India. | Finance |
Canbank Computer Services Ltd.
Canbank Computer Services Ltd. Regional BanksFinance Canbank Computer Services Ltd. is an Indian company ultimately controlled by the Government of India. The private company is based in Bangalore, India. The company was founded in 1994. | Finance |
Canbank Factors Ltd.
Canbank Factors Ltd. Finance/Rental/LeasingFinance Canbank Factors Ltd. is a subsidiary of Canara Bank, controlled by the Government of India. The private company is based in Bangalore, India and was founded in 1991. The Indian company provides cash flow solutions for MSMEs through sale bill factoring, LC discounting, purchase bill discounting, and vendor financing schemes. The company offers quick response and better pricing for their client-friendly products. Factoring is the discounting of receivables, converting credit sales into cash sales immediately. The company purchases receivables on a recourse basis and provides immediate credits up to 80%% to 90%% of the value of invoices. The benefits of factoring include improving turnover, better credit management, improving profit, and making balance sheets healthier. Canbank Factors provides complementary WC limits availed from banks, follow-up of each invoice by factor and collection of dues, and off-balance-sheet finance. | Finance |
Union Bank of India (UK) Ltd.
Union Bank of India (UK) Ltd. Major BanksFinance Union Bank of India (UK) Ltd. is a British banking company that offers personal and business banking services, including current accounts, savings accounts, and term deposits. The private company is based in London, UK. The company provides guaranteed interest rates for savings accounts and term deposits. Union Bank of India (UK is a subsidiary of Union Bank of India and ultimately controlled by the Government of India. The company was founded in 1919. The CEO is Viswesvaran Radhakrishnan. | Finance |
Canara Robeco Mutual Fund
Canara Robeco Mutual Fund Investment Trusts/Mutual FundsMiscellaneous Canara Robeco Mutual Fund functions as an open-end investment fund and is ultimately controlled by the Government of India. The private company is based in Mumbai, India. | Miscellaneous |
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