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FEDERALBNK Federal Bank News Story

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India cenbank approves appointment of ex-Kotak Mahindra exec as MD, CEO of Federal Bank

BENGALURU, July 22 (Reuters) - Federal Bank  FED.NS 
said on Monday that the Reserve Bank of India (RBI) has approved
the appointment of KVS Manian as the Indian lender's managing
director and chief executive officer for a period of three
years.
    KVS Manian was the joint managing director of Kotak Mahindra
Bank  KTKM.NS  till April, 2024 and was short-listed as CEO
candidate for Federal Bank, as per reports.

 (Reporting by Ashna Teresa Britto in Bengaluru; Editing by
Shailesh Kuber)
 ((AshnaTeresa.Britto@thomsonreuters.com;))

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