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  • Board of Directors
  • Key Management Personnel
  • Senior Management Team

Board of Directors

Mr. Shyam Srinivasan

Managing Director & CEO

Mr. Shyam Srinivasan

Managing Director & CEO

The Federal Bank Limited

Shri 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 over 20 years with leading multinational banks in India, Middle East and South East Asia, where he gained significant expertise in retail lending, wealth management and SME banking.

Shri 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 held key positions in the Industry in the 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 IDBI 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 upon the following awards and recognitions in the recent past:

  • Business Standard Banker of the Year 2020
  • 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

Smt. Grace Elizabeth Koshie

Chairperson

Smt. Grace Elizabeth Koshie

Chairperson

The Federal Bank Limited

Smt. Grace Elizabeth Koshie, a postgraduate in Economics with specialization in the area of Econometrics and Monetary Economics from Bombay University, joined Reserve Bank of India in the year 1976 as a Direct Recruit in Grade B. She also holds a PG Diploma in Higher Education and is a Certified Associate of Indian Institute of Bankers. Before joining Reserve Bank, she had worked as a lecturer in Sophia College, Mumbai. As Secretary to the Central Board of the Reserve Bank of India she was responsible for central bank governance and related compliance matters, matters connected to the Meetings of the Central Board and its Committee, and other senior management meetings. Smt. Koshie carries with her rich and varied experience of over 36 years of central banking in the Reserve Bank of India. Smt. Koshie also held the charge of the Foreign Exchange Department in RBI Central Office from 2001-2004 Smt. Koshie had earlier served as RBI nominee Director on the Boards of Dena Bank and Corporation Bank.

Mr.C Balagopal

Director

Mr.C Balagopal

Director

The Federal Bank Limited

Born on 02 October 1952, Chandrasekhar Balagopal completed his schooling from the Lawrence School, Lovedale. He studied at the Loyola College Madras where he completed his BA and MA in Economics. After dabbling in research for a year, he was selected to the IAS in 1977. After postings in Manipur and Kerala in various capacities, he resigned from the IAS in mid-1983 to commercialize technology developed at the SCTIMST for the first time in India to make sophisticated bio-medical devices.

Balagopal was the founding Managing Director of Peninsula Polymers Ltd Limited better known as PENPOL. The Blood Bag factory of TPL is now one of the biggest of its kind in the world has and employs around 1000 skilled persons. TPL also has a Medical Systems Group with a factory at Trivandrum manufacturing a range of specialized equipments used in Blood Banks. TPL products are exported to more than 50 countries.

After a career as an entrepreneur and manager spanning the period 1985-2012, Balagopal sold his shares to Terumo Corp and retired. He now spends his time writing, mentoring, and investing in startups. During his entrepreneurial journey, Balagopal and his company have been bestowed with a number of awards and recognitions, both from Government as well as from other Organizations.

Balagopal is a writer and has written three books. The first, a book ON A CLEAR DAY YOU CAN SEE INDIA based on his experiences as an IAS officer in Manipur in India’s North East. This book is published by Harper Collins and was released in Delhi and Trivandrum in October 2013. His second book THE VIEW FROM KOLLAM: A DAY IN THE LIFE OF A SUB-COLLECTOR is also published by Harper Collins, and was released in mid-2015. His third book “MAVELI AND MARKET INTERVENTION: HOW SUPPLYCO HELPED TO HOLD THE PRICE LINE” published by D C Books and released in June 2019. He is working on more books about startups and entrepreneurship, and the next one is expected to be complete shortly.

After retiring from TPL, Balagopal continues to support startup ventures, both as investor and mentor. He is involved with community development projects in Vilappil Panchayat where his factory is located. He has set up the ANAHA Trust which will undertake funding of community development projects in the fields of primary schools, primary healthcare, and rural livelihoods.
 

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Mr. A P Hota

Director

Mr.A P Hota

Director

The Federal Bank Limited

Mr. A P Hota is a post graduate in English Literature and a Certified Associate in Indian Institute of Bankers. He has banking experience of over 27 years across Technology and Payment Systems. He has been the MD & CEO of the National Payments Corporation of India over a period of 8 years (from 2009-2017). 
He also has experience of working in the Boards of Vijaya Bank and Andhra Bank in the past, as RBI Nominee Director. Currently he is also Director on the Board of IDBI Intech Ltd, Motilal Oswal Asset Management Company and NSDL e-Gov Infrastructure Limited.

Mr. Balakrishnan Krishnamurthy

Director

Mr.Balakrishnan Krishnamurthy

Director

The Federal Bank Limited

Mr. Balakrishnan Krishnamurthy has over 30 years of professional experience, of which around 25 years have been in the Financial Services business in India, providing strategic and financial advice to a variety of Indian and Multinational Corporations, Financial Sponsors and private business families. He is a qualified Chartered Accountant and Company Secretary. Currently, he is the Chairman of Kriscore Financial Advisors Pvt. Ltd. He was the Managing Director of Lazard LLC and was responsible for building out Lazard's business in India. With excellent client relationships and domain knowledge, he was instrumental in originating and leading execution of most of these transactions. During his tenure with Lazard, he worked on advisory assignments with a variety of large Indian and multinational clients including Tata Group, Larsen & Toubro, Bharti, Infosys, GMR, AVB Group, Axiata, NTT DoCoMo, Panasonic, International Paper, Capgemini, Reuters, Sodexo, Danone, Unilever, Lafarge, Holcim, Cargill, Apollo and New Mountain Capital. He also served as Head of Corporate Finance and Advisory for HSBC Investment Bank and was responsible for the corporate finance and advisory business of HSBC Investment Banking in India. He has also worked with Infrastructure Leasing & Financial Services Ltd, Mumbai, and led teams both on advisory and financing assignments.

Mr. Siddhartha Sengupta

Director

Mr.Siddhartha Sengupta

Director

The Federal Bank Limited

Mr. 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

Mr. CA Manoj Fadnis

Director

Mr.CA Manoj Fadnis

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

Mr. Sudarshan Sen

Director

Mr.Sudarshan Sen

Director

The Federal Bank Limited

Mr. 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. Mr. Sudarshan Sen was elevated to the post of Executive Director of RBI in the year 2016.

Ms. Varsha Purandare

Director

Ms.Varsha Purandare

Director

The Federal Bank Limited

Ms. 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. Ms. Purandare 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.

Mr. Ashutosh Khajuria

Executive Director

Mr. Ashutosh Khajuria

Executive Director

The Federal Bank Limited

Mr. Ashutosh Khajuria is the Executive Director and CFO of Federal Bank. He oversees the functions of Treasury, Corporate Planning, Credit Underwriting and Monitoring, Legal and the IFSC Banking Unit (IBU) in GIFT City, Gujarat. He is a Graduate in Science from Banaras Hindu University and a Bachelor of Law as well. He did his Post Graduation in Economics. He joined Federal Bank in 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 is also a Director on the Board of Fedbank Financial Services Ltd. In January 2016, he was elevated to Board position as Executive Director of the Board.

He brings with him very rich and varied exposure in banking spanning over thirty eight 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 was also a Director nearly for 5 years in IDBI Federal Life Insurance Company Limited, a Life Insurance company in which Federal Bank holds 26% stake.

He has a very keen eye on the financial markets and features regularly in panel discussions in FEDAI/FIMMDA conferences and also on various television channels.
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Ms. Shalini Warrier

Executive Director

Ms. Shalini Warrier

Executive Director

The Federal Bank Limited

Ms. Shalini Warrier was appointed as Executive Director of Federal Bank with effect from 15 January 2020. She joined the Bank on 2nd November 2015 as the Chief Operating Officer, with her primary responsibility being operational excellence, coupled with digital innovation. In May 2019, she took on the additional responsibility of Business Head of Retail Banking Products. 

Ms. 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.

Ms. Warrier 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 IDBI 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. 
 
She is a well-known banking personality and has represented the Bank at various fintech and technology platforms in India and abroad.

Key Management Personnel

Mr. Shyam Srinivasan

Managing Director & CEO

Mr. Shyam Srinivasan

Managing Director & CEO

The Federal Bank Limited

Shri 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 over 20 years with leading multinational banks in India, Middle East and South East Asia, where he gained significant expertise in retail lending, wealth management and SME banking.

Shri 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 holds 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.
  • Past Chairman of Kerala State Council of Confederation of Indian Industries.
  • Honorary fellow & governing council member of Indian Institute of Banking and Finance
  • Chairman of Policyholder Protection Committee of IDBI 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 upon the following awards and recognitions in the recent past:

  • 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

Mr. Ashutosh Khajuria

Executive Director

Mr. Ashutosh Khajuria

Executive Director

The Federal Bank Limited

Mr. Ashutosh Khajuria is the Executive Director and CFO of Federal Bank. He oversees the functions of Treasury, Corporate Planning, Inspection & Audit, Legal and the IFSC Banking Unit( IBU) in GIFT City, Gujarat. He is a Graduate in Science from the prestigious Banaras Hindu University  and is a Bachelor in Law as well. Completed Post Graduation in Economics too. Joined Federal Bank in 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 brings with him very rich and varied exposure spanning over thirty four 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. Presently, he is also a Director in IDBI Federal Life Insurance Company Limited, a  Life Insurance company in which Federal Bank holds 26% stake. He has a very keen eye on the financial markets and features regularly in panel discussions in FEDAI/FIMMDA conferences and also on various television channels.

Ms.Shalini Warrier

Executive Director

Ms. Shalini Warrier

Executive Director

The Federal Bank Limited

Ms. Shalini Warrier was appointed as Executive Director of Federal Bank with effect from 15 January 2020. She joined the Bank on 2nd November 2015 as the Chief Operating Officer, with her primary responsibility being operational excellence, coupled with digital innovation. In May 2019, she took on the additional responsibility of Business Head of Retail Banking Products. 
 
Ms. 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.
 
Ms. Warrier 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.
 
In her current role, she leads the Banks'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. 
 
She is a well-known banking personality and has represented the Bank at various fintech and technology platforms in India and abroad. 

Mr. Samir P Rajdev

Company Secretary

Senior Management Team

Ms. Shalini Warrier

Executive Director

Shalini Warrier

Executive Director

The Federal Bank Limited

Ms. Shalini Warrier was appointed as Executive Director of Federal Bank with effect from 15 January 2020. She joined the Bank on 2nd November 2015 as the Chief Operating Officer, with her primary responsibility being operational excellence, coupled with digital innovation. In May 2019, she took on the additional responsibility of Business Head of Retail Banking Products. 
 
Ms. 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.
 
Ms. Warrier 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.
 
In her current role, she leads the Banks'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. 
 
She is a well-known banking personality and has represented the Bank at various fintech and technology platforms in India and abroad. 

Mr. Harsh Dugar

Country Head - Wholesale Banking

Mr. Harsh Dugar

Country Head - Wholesale Banking

The Federal Bank Limited

Mr. Harsh Dugar is the head of Wholesale Banking at Federal Bank. After spending a career of 20 years at HDFC Bank, Mr. Harsh Dugar joined Federal Bank in 2016 as the Country Head - Corporate and Institutional Banking. Mr. Harsh Dugar brings along significantly rich expertise in the field of Wholesale Banking which spans across various sectors and geographies. His scope of work extends Pan India with complete responsibility on various aspects under Corporate Banking, Capital Markets operations, Institutional Banking, Commercial Banking and Commercial Vehicles/Construction Equipments. He holds a Bachelor's Degree with Honors in Accounting & Finance from the University of Calcutta and was a University Topper. He is a qualified CWA and CFA with All India Rank holding. He was a part time faculty with ICFAI Business School, Kolkata during his initial career.

Mr. Jose K Mathew

Executive Vice President

Mr.Jose K Mathew

Executive Vice President

The Federal Bank Limited

Mr. Jose K Mathew currently heads the Retail Business of the Bank, which is one of the key focus areas of the Bank. A seasoned banker with over 37 years of banking experience in various disciplines which includes leading the crucial verticals of Risk and Corporate Planning Department as well as successful stint in the field as a Zonal Head. Mr. Jose K Mathew is a Graduate in Commerce and a Certified Associate of Indian Institute of Bankers.

Mr. Ajith Kumar K K

EVP & Chief Human Resources Officer

Mr. Ajith Kumar K K

EVP & Chief Human Resources Officer

The Federal Bank Limited

Mr. Ajith Kumar K K currently heads Human Resources, Corporate Services and CSR at Federal Bank. He is a seasoned banker with more than 32 years of experience in various facets of banking, which includes heading branches, credit departments, zonal business unit, business departments etc. Mr. Ajith has been in charge of the Bank's business in various states of the country before taking charge as Chief Human Resources Officer of the Bank.

Mr. Wilson Cyriac

EVP & Chief Risk Officer

Mr. Wilson Cyriac

EVP & Chief Risk Officer

The Federal Bank Limited

Mr. Wilson Cyriac is the Chief Risk Officer at Federal Bank. He has more than 35 years of experience in commercial banking which includes heading of Branches and Regions in various parts of the country, credit approval, depository business and risk management. He is a Post Graduate in Economics and a Certified Associate of the Indian Institute of Bankers.

Mr. Krishnakumar K

EVP & Head - Finance & Accounts

Mr. Krishnakumar K

EVP & Head - Finance & Accounts

The Federal Bank Limited

Krishnakumar K currently heads the Finance & Accounts Department and is in charge of financial reporting and taxation. He has about 30 years of experience in the Bank of which 8 years was in credit underwriting. He is a Fellow member of the Institute of Chartered Accountants of India.  

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