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Last Updated at January 20, 2013 02:28 IST. Mr. Kannan has significant experience in Banking & Financial Sector, especially in Credit & Risk Management, Insurance, Capital Markets and Treasury & Fund Management. The Federal Bank Ltd's Corporate Identification Number is (CIN) L65191KL1931PLC000368 and its registration number is 368.Its Email address is secretarial@federalbank.co.in and its registered address is FEDERAL TOWERSP B NO 103 ALWAYE ERANAKULAM KL 683101 IN , - , . Revival in consumption, some measures in the budget and a stable global environment will help the country’s economy recover in the next fiscal, Federal Bank CEO Shyam Srinivasan said in an interview. I think that will be our destination in terms of financial outcome. In May, 2019, she took on the additional responsibility of Business Head of Retail Banking Products. About 3,000 of our people have over 30 years of work experience. At Ageas, Mr. Coremans held various senior management positions in the Asian entities. He is a career banker with over 38 years of experience in the Banking & Financial Services space and has held several leadership positions in the Sector. Srinivasan  holds over 20 years of experience in the banking sector and have worked with leading multinational banks in India, Middle East, and Southeast Asia. A post-graduate from Narsee Monjee Institute of Management Studies, Mumbai, Vighnesh brings with him close to 25 years of experience in consumer banking and life insurance, across diverse geographies, varied markets and multiple customer segments. E.g. Advertising with The Banking & Finance Post, a unique opportunity to reach a huge global audience in the BFSI domain, we assure to present your brand’s message in a bigger and more beautiful way than any other platform. The steady growth registered by the Bank under Mr. Shyam Srinivasan’s leadership has found reflection in the bourses as well. Federal Bank has received the final go ahead from the Reserve Bank of India (RBI) for the re-appointment of Shyam Srinivasan as the lenders Chief Executive Officer. There have been no significant slippage that can be a cause of concern for us. The direction for the bank is we want to be a material player in SME and NRI businesses. Like us on Facebook, connect with us on LinkedIn and follow us on Twitter, Instagram & Pinterest. and lifestyle of their choice. Mr. Shyam Srinivasan holds many prominent positions in the industry including the Chairman of the Executive Committee of the IIBF, Member of the Board of Governors, Development and Innovation Council of Kerala (K-DISC), etc. So far, we have not witnessed any significant deterioration in the quality of our SME loans. Thereafter, Mr. Kannan was Chief Executive of the Indian Banks' Association (IBA), where he led the development of sound and progressive banking principles and worked closely with all banks to find resolutions to various systemic and operational issues by introducing new systems or services in the Banking industry. Mr. Rao was the Managing Director and Chief Executive Officer of the SBI Life Insurance Co. Ltd. from August 1, 2009 to August 31, 2012. Prior to this, he was the Chief General Manager of SBI, Bhubaneswar Circle from May 2006 to April 2009 (Head of SBI’s operations in the state of Odisha) and General Manager, Associates & Subsidiaries, SBI, Corporate Centre from December 2000 to 2006. At a time when most banks in India are cautious in lending to small and medium enterprises (SMEs), fearing deterioration in credit quality, Kerala-based Federal Bank is looking to offer more loans to these firms. Under his leadership, the Company has attained numerous milestones and awards, notably the recording of eight consecutive years of net profit, wiping out of all accumulated losses, declaring maiden dividend and being recognised as one of the Top 10 Most Trusted Life Insurance Brands in the country by ET Brand Equity. Shyam Srinivasan, Chief Executive Officer of The Federal Bank Ltd. addresses media about the earnings of the bank in Q3. Instead you find ways and means to manage the situation with your existing capacities. She is passionate about mentoring and diversity at the workplace. I t can even be slightly better than our credit growth. He played a major role in kick-starting the Digital Journey of Federal Bank and launched many first-of-its-kind digital offerings to the Indian Banking space. We want to be a bank, which has significant present in SME and NRI (non-resident Indian) segments. His association with the bank completed nearly a decade and during this tenure he held several positions and re-appointments. Your support through more subscriptions can help us practise the journalism to which we are committed. Forbes releases ‘The World’s Best Banks 2019’, ten Indian banks in... Small Finance Banks: Transforming Banking in India, Airtel partners HPCL for e-payments in Telangana, Andhra, Demonetisation – A Defining Moment For India. Join Us for Upcoming Events and explore business opportunities. Ms. Monaz Noble is an Independent (Non-Executive) Director of our Board. He served as Non-Executive Director on the Boards of Ageas operations in China, India, Hong Kong and Thailand. Apart from this, he has a rich experience as member of the Board of eight banking subsidiaries of the State Bank of India from January 2001 to March 2006. Shyam Srinivasan ( MD & CEO ) The Federal Bank Ltd. Corporate Office, Aluva, Kerala. Govt deactivates 11 lakh PAN: Find out how to check your... West Bengal govt transfers 11 IAS & 7 WBCS officers, 288 Chaupals of Karnal equipped with optical fibre network, WiFi facility: CM Khattar, Cybersecurity by Design should be the Mantra: Dr Rajendra Kumar, Manipal Hospitals to acquire 100 percent stake in Columbia Asia Hospitals, Yoga & Mental Health to help Covid19 patients overcome after-effects, Bharat Biotech to launch Covaxin in second quarter next year, IIT Madras alumni association launches free classes for professionals, UGC extends application deadline for scholarship programmes, Gujarat stood 2nd, Kerala tops with most e-transactions during lockdown, Delhi Pollution: Capital witnesses season’s highest pollution from stubble burning, Flipkart acquires mobile gaming startup Mech Mocha, Uber adds 100 e-rickshaws to its platform, Thermax bags Rs 320 crore deal from Assam Bio Refinery. Also read: Federal Bank introduces Pre-Booking Appointments for visiting branches. As of June 2019, he took up the role of Chief Development Officer with responsibility for Human Resources, Business Development and Technology Development. Federal Bank has received the final go ahead from the Reserve Bank of India (RBI) for the re-appointment of Shyam Srinivasan as the lenders Chief Executive Officer. Solve this simple math problem and enter the result. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. He has 38 years of experience in the financial sectors viz. But we will continue to increase our scale in the SME sector. Get a chance to meet the Who's who of the NBFCs and Insurance industry. Furthermore, he serves as Director on the Board of Ageas Insurance International NV (Belgium). At IDBI Federal Life Insurance, employees are encouraged to create the life She is the Chief Financial Officer - Novartis Global Service Centre, Hyderabad and Novartis Business Services, India. He is also an honorary fellow and governing council member of Indian Institute of Banking and Finance. Support quality journalism and subscribe to Business Standard. He is CFO for Ageas in Asia since July 1, 2014, after having exercised the role of Managing Director, Strategy and M&A, for a year in Asia. She is on the Board of Novartis India Limited as Non-Executive Director and as an Independent Director on the Board of IDBI Federal Life Insurance Co Ltd. Ms. Noble joined Novartis in 2010 and progressed through roles of increasing responsibilities. He has been active in the Insurance industry for 30 years, his entire professional career. Under the stewardship of Mr. Shyam Srinivasan, Federal Bank has been aggressively pursuing quality growth. Registered Address: IDBI Federal Life Insurance Co Ltd, 22 nd Floor, A Wing, Marathon Futurex, N. M. Joshi Marg, Lower Parel (East), Mumbai 400013, India. We have to bring in contemporary people management practices and ensure that we are able to absorb the skill and talent of the bank’s young workforce. Somasroy Chakraborty  |  She is an avid animal lover and her hobbies include sailing, squash and travelling. Do you enjoy keeping up with business and finance industry? As Non-Executive Director, he serves on the Boards of Royal Sundaram General Insurance Co. Ltd. (India), Mbcp Ageas Grupo Segurador SGPS S.A. (Portugal), Ocidental Vida (Portugal), Ocidental Seguros (Portugal), Médis (Portugal), Pensoesgere (Portugal), Ageas Portugal Companhia de Seguros de Vida SA, Ageas Portugal Companhia de Seguros SA, Ageas Portugal Holdings SGPS SA (Portugal), Stichting Forsettlement (The Netherlands) and Capricorn Digital Growth Fund (Belgium). Prior to joining Federal Bank, Mr. Shyam Srinivasan had worked with leading multinational banks in India and overseas across Middle East, India and South-East Asia. HASSLE-FREE SETTLEMENT FOR CLAIMS ARISING OUT OF RECENT RIOTS AND NATURAL CALAMITIES. Final Step. Srinivasan was first named as the Managing Director and CEO of the Federal Bank on September 23, 2010. At a time when most banks in India are cautious in lending to small and medium enterprises (SMEs), fearing deterioration in credit quality, Kerala-based Federal Bank is looking to … Presently, Federal Bank, a proven leader in the Non-Resident Indian segment, clearly dominates in terms of remittances from across the world as over 15% of all the overseas remittances to India come through the Bank. All Rights Reserved. 7A/7B, 5th Floor, Tower – 2 Annexe Building, C-25, Sector – 62, Noida, Uttar Pradesh – 201309, India. The bank is also looking to acquire a micro lender, Srinivasan tells Joel Rebello. The steady growth registered by the Bank under Mr. Shyam Srinivasan’s leadership has found reflection in the bourses as well. Another 3,000 people are less than 30 years of age. End 1989, he joined Cobepa (Paribas Group) in Brussels as Financial Advisor in Private Equity and Corporate Finance for Benelux region, with focus on the development of medium-sized and family-owned businesses. She has been elevated to board position as Executive Director of Federal Bank with effect from 15 January, 2020, Ms. Warrier has over 28 years of banking experience. Banking, Investments, Mutual Funds, Life Insurance and General Insurance. Calcutta. But with interest rates rising and seeing the loan demand in the first five months of this financial year, we have now revised the target to 18-20 per cent. This, we believe, will be robust growth considering the current environment. We have stepped up our capabilities and risk management practices to ensure the health of our assets stay protected.

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