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KVS Manian has formally taken over as Managing Director and CEO of Federal Bank, beginning September 23, 2024

KVS Manian Has Taken Over As Managing Director And CEO Of Federal Bank On September 23, 2024

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KVS Manian Has Taken Over As Managing Director And CEO Of Federal Bank On September 23, 2024
fsjd_icon1 CURRENT AFFAIRS

Description

KVS Manian has formally taken over as Managing Director and CEO of Federal Bank, beginning September 23, 2024. He replaces Shyam Srinivasan, who retired after effectively running the bank since 2010. Manian joins Federal Bank after a successful career at Kotak Mahindra Bank, where he worked for more than 25 years and was instrumental in the bank's development from a non-banking financial enterprise to one of India's premier private sector banks.

He is an electrical engineer from IIT (BHU) Varanasi, with a masters degree in Financial Management from Jamnalal Bajaj Institute of Management Studies and a Cost and Works Accountant certification.

Career Background

Prior to joining Federal Bank, Manian held top leadership positions at Kotak Mahindra Bank, where he was crucial in driving the growth of the corporate, institutional, and investment banking sectors, as well as wealth management.

Succession In Federal Bank

Manian takes on the role left vacant by Shyam Srinivasan's retirement, continuing the history of leadership at Kochi-based Federal Bank, a notable private sector lender.

Education And Credentials

Manian has an electrical engineering degree from IIT Varanasi, a postgraduate degree in financial management from JBIMS in Mumbai, and is a certified Cost and Works Accountant.


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