Former Kotak Bank joint MD Manian to be Federal Bank chief | India News – Times of India

Former Kotak Bank joint MD Manian to be Federal Bank chief | India News – Times of India



MUMBAI: RBI has authorized the appointment of Krishnan Venkat Subramanian as the brand new managing director and CEO of Federal Financial institution. The appointment is efficient from Sept 23, 2024 following the conclusion of the present MD and CEO Shyam Srinivasan’s time period on Sept 22, 2024.
KVS Manian, who served as joint MD at Kotak Mahindra Financial institution till April 30, 2024, will carry intensive expertise in company banking, business banking, non-public banking, and asset reconstruction to his new position, the financial institution stated.
Throughout his tenure at Kotak, Manian was instrumental in advancing the financial institution’s expertise and transaction banking capabilities, overseeing funding banking and institutional equities, and sustaining management positions in these sectors.
Manian holds {an electrical} engineering diploma from the IIT (BHU) in Varanasi, a postgraduate diploma in monetary administration from Jamnalal Bajaj Institute of Administration Research, and is a price and works accountant. His transfer to Federal Financial institution comes after a 29-year tenure at Kotak Mahindra Financial institution, the place he was thought-about a candidate to succeed Uday Kotak as CEO. tnn







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