KV Subramanian Appointed As Federal Bank MD & CEO

The Reserve Bank of India (RBI) has approved the appointment of Krishnan Venkat Subramanian as Managing Director & Chief Executive Officer of Federal Bank, the bank said in an exchange filing on July 22. Subramanian’s three-year term will commence from September 23, 2024, immediately following the conclusion of the current MD & CEO, Shyam Srinivasan’s tenure on September 22, 2024.

About KV Subramanian

The former Kotak executive holds a degree in Electrical Engineering from the Indian Institute of Technology (IIT) – Varanasi, and a Post Graduate degree in Financial Management from Jamnalal Bajaj Institute of Management Studies, Mumbai. He is also a Cost and Works Accountant by profession.

His Service

Subramanian has previously served as the Joint Managing Director of Kotak Mahindra Bank Limited until April 30, 2024, having led various critical divisions including Corporate Banking, Commercial Banking, Private Banking, and Asset Reconstruction.

His Career

His career began in the NBFC sector with Kotak Mahindra Finance Ltd, and he has extensive experience in Investment Banking. In his previous stint, Subramanian has played a pivotal role in upgrading technological infrastructure and strengthening transaction banking capabilities. Additionally, he oversaw the Investment Banking and Institutional Equities business units, maintaining their leadership positions in the industry.

 

trilok

Recent Posts

LVM3-M6 Rocket Set to Launch on December 24, Announces ISRO

The Indian Space Research Organization (ISRO) has announced that its LVM3-M6 mission will be launched…

23 mins ago

Which Animal is known as the River Horse? Know About It

Rivers and freshwater areas are home to many powerful and unique animals. Some of them…

47 mins ago

RBI Board Sanctions Overhaul of Deposit Insurance Framework

An important reform aimed at strengthening India’s banking system the Central Board of Directors of…

58 mins ago

PGIMER Chandigarh Retains Top Spot as India’s Best Health Technology Assessment Institute

The Postgraduate Institute of Medical Education and Research (PGIMER) Chandigarh, has once again emerged as…

2 hours ago

Which Colour has the Longest Wavelength?

Light is all around us, and it is made up of many different colours. Each…

2 hours ago

Finance Ministry Unveils New Logo for Regional Rural Banks

To strengthening rural banking in India the Ministry of Finance has unveiled a new common…

2 hours ago