Reserve Bank of India has approved the re-appointment of Shyam Srinivasan as MD and CEO of Federal Bank for a period of three years, starting from September 23, 2021.
His re-appointment will come into effect from September 23, 2021 to September 22, 2024.
Srinivasan took over charge as CEO of Federal Bank on 23 September 2010, he joined the bank with over two decades of experience with leading multinational banks in India, Southeast Asia, and the Middle East. He has significant expertise in SME banking, wealth management, and retail lending.
Srinivasan is an alumnus of IIM, Kolkata, and Regional Engineering College, Tiruchirappalli (National Institute of Technology, Tiruchirappalli). He has also pursued a Leadership Development Program from the London Business School.
Federal Bank operates through four segments: treasury, corporate or wholesale banking, retail banking, and other banking operations.