Federal Bank announced the appointment of KVS Manian as the new Managing Director & CEO, effective 23rd September 2024. Manian brings with him a wealth of experience and a proven track record of success in the banking industry.
Manian joins Federal Bank after an illustrious career spanning over two and a half decades at Kotak Mahindra Bank Ltd. During his tenure at Kotak, he played a pivotal role in the bank’s transformation from a Non-Banking Financial Company (NBFC) to one of India’s leading private sector banks. His leadership was instrumental in driving the growth and profitability of Kotak’s Corporate, Institutional, and Investment Banking, as well as Wealth Management divisions.
In his previous role, Manian spearheaded the Corporate, Institutional, and Investment Banking sectors, along with Wealth Management. Under his guidance, these businesses achieved a high-quality, integrated, and profitable franchise. The Corporate Bank saw significant growth in both size and profitability while maintaining best-in-class asset quality. The Investment Banking, Institutional Equities, and Wealth Management businesses also retained their leadership positions under his stewardship.
Manian is an electrical engineer from IIT (BHU) – Varanasi, holds a Postgraduate degree in Financial Management from Jamnalal Bajaj Institute of Management Studies, Mumbai, and is a qualified Cost and Works Accountant.
