Federal Bank appoints Mr. Manikandan M as new CFO

Federal Bank's Board of Directors approved the appointment of Mr. Manikandan M as the new Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), effective May 1, 2026. Mr. Manikandan M, currently serving as Deputy Vice President - II & Head – Financial reporting, will succeed Mr. Venkatraman Venkateswaran. Mr. Venkateswaran will be relieved from the CFO role at the close of business on April 30, 2026, but will continue in his capacity as Executive Director of the Bank. Mr. Manikandan M, aged 35, is a Fellow Member of the ICAI, an Associate Member of the ICSI, and a licensed Certified Public Accountant (USA). He brings over 12 years of post-qualification experience in the banking sector, having been with Federal Bank since October 2013. His expertise spans financial reporting, taxation, regulatory compliance, strategic planning, and capital management. He has been recognized for his contributions, including ICAI Awards for Excellence in Financial Reporting and the ICAI’s 40 under 40: CA Business Leader award in 2025.