Appointments
KV Subramanian Named MD & CEO of Federal Bank
By Kajal Sharma - 24 Jul 2024 05:59 PM
The Federal Bank announced in an exchange filing that Krishnan Venkat Subramanian has been appointed as Managing Director and Chief Executive Officer, with approval from the Reserve Bank of India (RBI).The Federal Bank announced in an exchange filing on July 22 that Krishnan Venkat Subramanian has been appointed as Managing Director and Chief Executive Officer, with approval from the Reserve Bank of India (RBI). September 23, 2024 is when Subramanian's three-year term will begin. This date coincides with the end of the present MD & CEO, Shyam Srinivasan's term, which ends on September 22, 2024.Concerning KV Subramanian The Indian Institute of Technology (IIT) in Varanasi awarded the former Kotak executive a degree in Electrical Engineering, while Jamnalal Bajaj Institute of Management Studies in Mumbai awarded him a postgraduate degree in Financial Management. In addition, he works as a Cost and Works Accountant.
His Assistance Prior to April 30, 2024, Subramanian held the position of Joint Managing Director of Kotak Mahindra Bank Limited. During his tenure, he oversaw the direction of several crucial departments, including Corporate Banking, Commercial Banking, Private Banking, and Asset Reconstruction. His Professional Life He started his career with Kotak Mahindra Finance Ltd. in the NBFC industry, and he has a wealth of knowledge in investment banking. During his prior employment, Subramanian significantly contributed to the modernization of technology infrastructure and the enhancement of transaction banking skills. In addition, he managed the Institutional Equities and Investment Banking business units, keeping them at the top of the sector.