Krishnan Venkat Subramanian Appointed as Federal Bank's New MD & CEO
| Key Point | Details |
|---|---|
| Appointment | Krishnan Venkat Subramanian appointed as MD & CEO of Federal Bank. |
| Effective Date | September 23, 2024. |
| Term | Three-year term. |
| Predecessor | Succeeds Shyam Srinivasan, whose term ends on September 22, 2024. |
| Education | - Electrical Engineering from IIT Varanasi. - PG in Financial Management from Jamnalal Bajaj Institute of Management Studies, Mumbai. - Cost and Works Accountant. |
| Previous Role | Joint Managing Director of Kotak Mahindra Bank Limited (until April 30, 2024). |
| Key Responsibilities at Kotak | Led Corporate Banking, Commercial Banking, Private Banking, and Asset Reconstruction. |
| Career Start | Began career in NBFC sector with Kotak Mahindra Finance Ltd. |
| Notable Contributions | Upgraded technological infrastructure, strengthened transaction banking, and oversaw Investment Banking and Institutional Equities units. |