Federal Bank Appoints V Venkateswaran as Executive Director to Replace Shalini Warrier

Federal Bank has appointed Venkatraman Venkateswaran as executive director, replacing Shalini Warrier. He will assume charge on July 10 for a period of three years. Venkateswaran, a chartered accountant, joined Federal Bank in 2021 as group president and chief financial officer. He has previously worked at Standard Chartered and HSBC.

Federal Bank has appointed Venkatraman Venkateswaran as its new executive director, effective July 10, for a three-year term. The Reserve Bank of India has approved his appointment [1]. Venkateswaran, 59, currently serves as the group president and chief financial officer, overseeing key areas such as financial reporting and credit administration. He succeeds Shalini Warrier in this role.

Venkateswaran, a chartered accountant, joined Federal Bank in April 2021. Prior to this, he held senior positions at Standard Chartered and HSBC. He spent the first 12 years of his career in the manufacturing sector. Venkateswaran brings a wealth of experience in financial management and strategic planning to his new role at Federal Bank.

The appointment of Venkateswaran as executive director is a significant move for Federal Bank, as it aims to strengthen its leadership and strategic direction. His appointment comes at a critical time as the bank looks to navigate the evolving financial landscape and maintain its position in the competitive banking sector.

References
[1] https://m.economictimes.com/industry/banking/finance/banking/federal-bank-appoints-v-venkateswaran-as-executive-director/articleshow/122356230.cms