The Federal Bank Limited has informed the Exchange regarding Appointment of Mr Manikandan M as Chief Financial Officer of the company w.e.f. May 01, 2026.
FEDERALBNK · price
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The Federal Bank's Board has appointed Mr. Manikandan M as the new Chief Financial Officer (CFO) effective May 1, 2026. He currently serves as Deputy Vice President and Head of Financial Reporting and has been with the bank since 2013. Manikandan, 35, is a Fellow CA, Associate CS, and licensed CPA (USA) with over 12 years of banking experience. He is a recipient of ICAI's 40 under 40 award and has led major capital raising initiatives. The current Executive Director and CFO, Mr. Venkatraman Venkateswaran, will be relieved from the CFO role effective April 30, 2026 but will continue serving as Executive Director of the bank.
This is a planned internal succession rather than an external appointment. The transition appears orderly with the outgoing CFO remaining in an executive role, which reduces execution risk for shareholders.