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

BENGALURU (Reuters) – Federal Bank 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 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)

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