Shyam Srinivasan
Managing Director & CEO
Shyam Srinivasan
Managing Director & CEO
The Federal Bank Limited
Shyam Srinivasan took charge as the Managing Director & CEO of Federal Bank on 23rd September 2010. He joined Federal Bank, equipped with the experience of leading multinational banks in India, Middle East and South East Asia, where he gained significant expertise in retail lending, wealth management and SME banking.
Shyam Srinivasan is an alumnus of the Indian Institute of Management, Kolkata and Regional Engineering College, Tiruchirapally. He has completed a Leadership Development Program from the London Business School and has served on the Global Executive Forum (the top 100 executives) of Standard Chartered Bank from 2004 to 2010.
At Federal Bank, he has been instrumental in implementing various path-breaking initiatives which include : Increasing the presence and visibility of the Bank to a national level; creating an inherent capability within the Bank to reinvent and re-implement processes - especially the customer-critical ones, initiating the Total Quality Management Journey of the Bank, focusing on under-writing quality at every stage right from credit selection, incubating the human resource potential of the Bank and so on. He continues his mission to create a culture of Ethics and Excellence in the Bank, which he so believes in.
An administrator of national eminence, he has held key positions in the Industry as follows:
- Member of the Managing Committee of IBA.
- Member of the committee on Financial Sector Legislative Reforms set up by Reserve Bank of India.
- Chairman of Kerala State Council of Confederation of Indian Industries.
- Chairman of Policyholder Protection Committee of Ageas Federal
Alternate Chairman in the following committees of the Indian Bank's Association:
- Committee on Risk Management and Basel Implementation
- Agro Business and MSME
He has been conferred the following awards and recognitions in the recent past:
- Business Standard Banker of the Year 2020
- India’s top 50 Best Leaders in times of Crises 2021’ by the Great Place to Work Institute
- Exemplary Leadership Award from the Rotary Club
- Rashtriya Udyog Ratna Award instituted by the NEHRDO
- The Greatest Corporate Leaders Of India Award given away by the World HRD Congress
- Global Executive Forum (the top 100 executives) of Standard Chartered Bank from 2004 to 2010
- Best Banker of the Year 2020 by the State Forum of Bankers Clubs (SFBC), Kerala
- Distinguished Alumnus Award 2017 of IIM Calcutta
- Recipient of Distinguished Alumnus Award of NIT, Trichy
A P Hota
Part Time Chairman & Independent Director
A P Hota
Part Time Chairman & Independent Director
The Federal Bank Limited
Mr. A.P. Hota has banking experience of over 27 years in Reserve Bank (mostly in technology and payment systems) from 1982 – 2009. While at Reserve Bank of India, he served as Nominee Director to the Board of Vijaya Bank and subsequently Andhra Bank.
He was the architect of NPCI and served as its Managing Director (MD) and Chief Executive Officer (CEO) between 2009- 2017. He completed his master’s degree in literature from Sambalpur University and is a Honorary Fellow of the Indian Institute of Banking and Finance.
Mr. A P Hota was appointed as Independent Director of The Federal Bank Limited w.e.f. January 15, 2018.
Siddhartha Sengupta
Independent Director
Siddhartha Sengupta
Independent Director
The Federal Bank Limited
Siddhartha Sengupta is a seasoned banker with rich experience and has worked in various leadership positions in India and abroad. He has over 36 years of banking experience with State Bank of India. He was the Chairman of the Board of 5 overseas subsidiaries of SBI. The last position he held in SBI was Deputy Managing Director – International Banking. He represents SSI, Risk Management and Banking sectors on the Board of Federal Bank
CA Manoj Fadnis
Independent Director
CA Manoj Fadnis
Independent Director
The Federal Bank Limited
CA Manoj Fadnis is the founding partner of Fadnis & Gupte , Chartered Accountants. He was elected as the President of Institute of Chartered Accountants of India (ICAI) for the year 2015-16. During 2010-13, he was the chairman of Accounting Standard Board (ASB) of ICAI. He spearheaded the process of the formulation of Indian Accounting Standards converged with the International Financial Reporting Standards. He was the President of Confederation of Asian and Pacific Accountants from 2017 to 2019. He was member of Small and Medium Practices Committee (SMPC) of International Federation of Accountants (IFAC) from 2016-18. He is also on the Board of various companies
Sudarshan Sen
Independent Director
Sudarshan Sen
Independent Director
The Federal Bank Limited
Sudarshan Sen has varied experience of over 36 years working in the RBI in the areas of Banking, Finance and Risk Management. He has rich experience as a central banker and in the field of bank supervision and regulation. He holds an MBA in International Banking and Finance from the University of Birmingham, UK. He was elevated to the post of Executive Director of RBI in the year 2016.
Varsha Purandare
Independent Director
Varsha Purandare
Independent Director
The Federal Bank Limited
Varsha Purandare has a varied experience of 36 years in credit, forex, treasury, capital markets, investment banking, SSI and private equity businesses of State Bank of India (SBI) & SBI Capital Markets Ltd (SBICAPS) across geographies domestic & globally. She also served various Boards & Committees of several businesses of SBI and other institutions. She was also the former MD & CEO of SBI Capital Market Limited. She was the Deputy Managing Director and Chief Credit Officer/ Chief Risk Officer (CCO/CCRO) of State Bank of India (“SBI”), from May 2014 to November 2015. Presently, she also serves as an Independent Director on the Board of various companies.
Sankarshan Basu
Independent Director
Sankarshan Basu
Independent Director
The Federal Bank Limited
Sankarshan Basu is a professor of quantitative finance and risk management at IIM Bangalore. He has been involved in teaching, research, consulting and academic administration for more than 19 years covering areas in finance, financial markets, financial products, banking, clearing and settlement, risk management etc. He has specialisation in statistics and has been a Board member of The Clearing Corporation of India Limited, Bilcare Limited, BgSE Properties and Securities Limited and Bangalore Stock Exchange Limited.
Ramanand Mundkur
Independent Director
Ramanand Mundkur
Independent Director
The Federal Bank Limited
Ramanand Mundkur is a graduate from National Law School of India University having over twenty years of international work experience. He has worked as tax and legal practitioner with the global consulting firm Arthur Andersen till December 1997. Thereafter, he joined United Nations Compensation Commission in Geneva as a lawyer and assisted the UN Commission in assessing compensation to banks/ companies/ business that suffered losses due to first gulf war and worked with UN Commission until May 2001. Later, he joined International Monetary Fund in Washington DC in 2002 and worked till 2007 before setting up Mundkur Law Partners firm in 2007. He specializes in providing legal and business advice for mergers and acquisitions, venture capital and private equity investment, securities regulation and insolvency resolution & winding up of companies.
Elias George
Additional Director (Independent)
Elias George
Additional Director (Independent)
The Federal Bank Limited
Mr. Elias George has a bachelor’s degree of Technology in Naval Architecture and Ship Building, University of Kochi, Post Graduate Diploma in Public Administration with specialization in International Economic Relations from the Institute International Administration Publique (IIAP), Paris and assorted short-term Management Development courses in India and the U.S., including the Harvard Kennedy School of Government. He completed his career in the Indian Administrative Service, serving both in various Union Ministries, as well as in the State of Kerala, focusing particularly on infrastructure creation and financing, and running public utilities. After retiring from the IAS, he served in the consulting firm KPMG as a senior partner, heading their vertical handling Infrastructure, Government, and Healthcare, overseeing the work of more than 1000 consultants. Mr. Elias George was the Additional Chief Secretary to the Government of Kerala, CEO of the Kochi Metro Rail project and Chairman of the Unified Metropolitan Transport Authority.
Shalini Warrier
Executive Director
Shalini Warrier
Executive Director
The Federal Bank Limited
Shalini Warrier is a member of the Institute of Chartered Accountants of India and stood first at the all India level in 1989. She is also a Certified Associate of Indian Institute of Bankers.
She has over 28 years of banking experience. Prior to joining Federal Bank, she worked with Standard Chartered Bank, a leading multinational Bank. She handled multiple disciplines there, across various geographies that included India, Brunei, Indonesia, Singapore and United Arab Emirates.
She brings first-hand global experience in Branch Banking, Process Management, Service Quality and Client Experience, Project Management, Operations, Technology, and Compliance with special emphasis on Client Due Diligence and Anti Money Laundering. She is also on the Board of Ageas Federal Life Insurance Company Limited and Federal Operations and Services Limited.
In her current role, she leads the Bank's initiatives designed to enhance customer experience and operational excellence through automation and digitalization. She is responsible for formulating the Bank's future direction and partner with the Board and the Top Management team to drive strategic initiatives designed to enhance shareholder value, ensuring all the relevant support functions run smoothly and are able to create the right systems to support business growth of the Bank, confirming right support architecture is implemented in the Bank and through which the Bank is able to grow and prosper. She is also responsible for delivering innovative retail products to the existing and prospective customers of the Bank.
Harsh Dugar
Executive Director
Harsh Dugar
Executive Director
The Federal Bank Limited
Harsh Dugar has assumed the role of Executive Director at Federal Bank, effective June 23, 2023. Prior to this appointment, he served as the Group President and Country Head – Wholesale Banking at the Bank. With an extensive background in Corporate Banking, Capital Markets operations, Institutional Banking, Commercial Banking, Agri, Micro, Rural Banking, Government Business, and Commercial Vehicles/Construction Equipments, Harsh brings a wealth of expertise to his new position.
Harsh joined Federal Bank in 2016 as the Country Head for Corporate and Institutional Banking, following a successful 20-year tenure at HDFC Bank. He has garnered considerable experience in Wholesale Banking across diverse geographies. His academic accomplishments include a bachelor's degree with Honors in Accounting & Finance from the University of Calcutta, where he graduated as the University Topper. Moreover, he holds professional qualifications as a CWA (Cost and Works Accountant) and CFA (Chartered Financial Analyst) with All India Rank distinction. In the early stages of his career, Harsh served as a part-time faculty member at ICFAI Business School in Kolkata.
Shyam Srinivasan
Managing Director & CEO
Shyam Srinivasan
Managing Director & CEO
The Federal Bank Limited
Shyam Srinivasan took charge as the Managing Director & CEO of Federal Bank on 23rd September 2010. He joined Federal Bank, equipped with the experience of leading multinational banks in India, Middle East and South East Asia, where he gained significant expertise in retail lending, wealth management and SME banking.
Shyam Srinivasan is an alumnus of the Indian Institute of Management, Kolkata and Regional Engineering College, Tiruchirapally. He has completed a Leadership Development Program from the London Business School and has served on the Global Executive Forum (the top 100 executives) of Standard Chartered Bank from 2004 to 2010.
At Federal Bank, he has been instrumental in implementing various path-breaking initiatives which include : Increasing the presence and visibility of the Bank to a national level; creating an inherent capability within the Bank to reinvent and re-implement processes - especially the customer-critical ones, initiating the Total Quality Management Journey of the Bank, focusing on under-writing quality at every stage right from credit selection, incubating the human resource potential of the Bank and so on. He continues his mission to create a culture of Ethics and Excellence in the Bank, which he so believes in.
An administrator of national eminence, he has held key positions in the Industry as follows:
- Member of the Managing Committee of IBA.
- Member of the committee on Financial Sector Legislative Reforms set up by Reserve Bank of India.
- Chairman of Kerala State Council of Confederation of Indian Industries.
- Chairman of Policyholder Protection Committee of Ageas Federal
Alternate Chairman in the following committees of the Indian Bank's Association:
- Committee on Risk Management and Basel Implementation
- Agro Business and MSME
He has been conferred the following awards and recognitions in the recent past:
- Business Standard Banker of the Year 2020
- India’s top 50 Best Leaders in times of Crises 2021’ by the Great Place to Work Institute
- Exemplary Leadership Award from the Rotary Club
- Rashtriya Udyog Ratna Award instituted by the NEHRDO
- The Greatest Corporate Leaders Of India Award given away by the World HRD Congress
- Global Executive Forum (the top 100 executives) of Standard Chartered Bank from 2004 to 2010
- Best Banker of the Year 2020 by the State Forum of Bankers Clubs (SFBC), Kerala
- Distinguished Alumnus Award 2017 of IIM Calcutta
- Recipient of Distinguished Alumnus Award of NIT, Trichy
Ashutosh Khajuria
Chief Mentor
Ashutosh Khajuria
Chief Mentor
The Federal Bank Limited
Ashutosh Khajuria is presently serving Federal Bank as the Chief Mentor. He oversees the functions of Treasury, Credit Underwriting, Credit Monitoring and Collections, ESG, and the IFSC Banking Unit (IBU) in GIFT City, Gujarat. He is a Graduate in Science & Law and a Postgraduate in Economics. He joined Federal Bank in June 2011 as President and Head-Treasury and was later entrusted with the additional responsibility of business development in the entire network of branches/offices outside Kerala. He has served as an
Executive Director on Federal Bank Board from January 2016 till April 2023.
He is also a Director on the Board of Fedbank Financial Services Ltd, a nonbanking financial subsidiary of Federal Bank.
Mr. Khajuria brings with him very rich and varied exposure in banking spanning over forty years, having worked in State Bank of India covering the entire gamut of banking functions including Treasury, International Banking, Trade Finance, Corporate Banking and Branch Banking. Prior to joining Federal Bank, he was CGM and Head-Treasury in IDBI Bank.
He has also served as a Director on the Board of IDBI Federal Life Insurance Company Limited (now Ageas Federal Life Insurance Company Limited) from November 2015 till March 2020. He was also a Director on Fixed Income Money Market and Derivatives Association of India (FIMMDA) from August
2011 till February 2016.
He keeps a keen eye on the financial markets and features regularly in panel discussions in various conferences and also on various television channels.
Shalini Warrier
Executive Director
Shalini Warrier
Executive Director
The Federal Bank Limited
Harsh Dugar
Executive Director
Harsh Dugar
Executive Director
The Federal Bank Limited
Harsh Dugar has assumed the role of Executive Director at Federal Bank, effective June 23, 2023. Prior to this appointment, he served as the Group President and Country Head – Wholesale Banking at the Bank. With an extensive background in Corporate Banking, Capital Markets operations, Institutional Banking, Commercial Banking, Agri, Micro, Rural Banking, Government Business, and Commercial Vehicles/Construction Equipments, Harsh brings a wealth of expertise to his new position.
Harsh joined Federal Bank in 2016 as the Country Head for Corporate and Institutional Banking, following a successful 20-year tenure at HDFC Bank. He has garnered considerable experience in Wholesale Banking across diverse geographies. His academic accomplishments include a bachelor's degree with Honors in Accounting & Finance from the University of Calcutta, where he graduated as the University Topper. Moreover, he holds professional qualifications as a CWA (Cost and Works Accountant) and CFA (Chartered Financial Analyst) with All India Rank distinction. In the early stages of his career, Harsh served as a part-time faculty member at ICFAI Business School in Kolkata.
Venkatraman Venkateswaran
Group President and CFO
Venkatraman Venkateswaran
Group President and CFO
The Federal Bank Limited
Mr. Venkatraman Venkateswaran is the Group president & CFO currently working as Chief Financial Officer. He is a Chartered Accountant with more than three decades of professional expertise in Banking and Compliance, with international exposure. He has worked with HSBC and SCB in Global Finance Operations, Financial Compliance, Operations, Technology and support functions in various capacities. He joined Federal Bank in April
2021. Venkatraman has also held senior positions responsible for financial management, reporting and financial control in large corporations like Indian Rayon & Industries (Aditya Birla Group), the Singapore based Kewalram Chanrai Group and worked as CFO with Invensys India Pvt Ltd.
Ajith Kumar K K
CHRO
Ajith Kumar K K
Chief Human Resources Officer
The Federal Bank Limited
Mr. Ajith Kumar K K, is currently the Chief Human Resources Officer (CHRO) of the Bank. He oversees Human Resources, Corporate Services and CSR at Federal Bank. He joined Federal Bank on 10th September 1987 as Probationary Agricultural Officer. He is a seasoned banker with more than 32 years of experience in various facets of banking.
He has headed Branches, Zones, Credit Departments and various other business Departments and has worked in different parts of the country before taking charge as the CHRO.
Pitchai Mahalingam
Executive Vice President & Internal Auditor
Pitchai Mahalingam
Executive Vice President & Internal Auditor
The Federal Bank Limited
Mr. Pitchai Mahalingam is currently functioning as the Chief Internal Auditor of the Bank, heading the Inspection & Audit Department. He joined Federal Bank on 10th July 2017. He is a seasoned banker with more than three decades of experience in Transaction Banking, Corporate Banking and Digital Banking. Prior to joining us, he worked with Corporation Bank, ICICI Bank, Barclays Bank, DBS & KVB. He has vast experience in implementing various systems and processes related to Transaction Banking and Corporate digital banking channels in Banks. He is a B.Com graduate.
Sunil Kumar K N
Chief Compliance Officer
Sunil Kumar K N
Chief Compliance Officer
The Federal Bank Limited
Mr. Sunil Kumar is currently the Chief Compliance Officer of the Bank. He is a Postgraduate in Law, having more than two decades of proficiency in Banking and Law. He joined Federal Bank on 15th July 2019. He has got vast experience and expertise working with various banking institutions in different capacities. He was also actively associated with many expert committees and working groups constituted by Reserve Bank of India and Government of India. Before joining Federal Bank, he was working at Standard Chartered Bank, Singapore and India.
Damodaran C
Chief Risk Officer
Damodaran C
Chief Risk Officer
The Federal Bank Limited
Mr. Damodaran is presently the Chief Risk Officer of the Bank. He joined Federal Bank on 24th August 1998 as Probationary Officer. He has more than 23 years of experience in various facets of banking which includes Branch Banking, Risk Management, Planning, MIS & Analytics. Mr. Damodaran played a major role in implementation of Basel norms in the Bank. He has more than 13 years of experience in Risk Management covering Market Risk, Credit Risk and Operational Risk. He was heading Planning, MIS & Analytics Department of the Bank, prior to his appointment as Chief Risk Officer of the Bank in May 2021. He is an M.Sc & CAIIB by qualification.
Samir P Rajdev
Company Secretary
Samir P Rajdev
Company Secretary
The Federal Bank Limited
Mr. Samir P Rajdev joined Federal Bank as Deputy Company Secretary in January 2019. He was elevated to the post of Company Secretary in December 2019. Prior to joining Federal Bank, he has worked with NCDEX, Yes Bank, NSE and ISE. He is a qualified CS and has completed Financial Risk Manager (FRM) certification.