RBI approved reappointment of Shyam Srinivasan as Federal Bank CEO
The Reserve Bank of India has approved the re-appointment of Shyam Srinivasan as the Managing Director and CEO of Federal Bank for another year, giving him a full decade as the head of the private sector lender.
His re-appointment is with effect from September 23 this year until September 22, 2020, the bank said in a regulatory filing.
The board had, however, proposed a three-year term for Srinivasan’s re-appointment. Srinivasan, 57, took charge as the Managing Director and CEO of Federal Bank on September 23, 2010
The Reserve Bank of India has approved the re-appointment of Shyam Srinivasan as the Managing Director and CEO of Federal Bank for another year, giving him a full decade as the head of the private sector lender.
His re-appointment is with effect from September 23 this year until September 22, 2020, the bank said in a regulatory filing.
The board had, however, proposed a three-year term for Srinivasan’s re-appointment. Srinivasan, 57, took charge as the Managing Director and CEO of Federal Bank on September 23, 2010
