Management Change23 May 2026, 12:33 pm
Federal Bank: RBI Approves Elias George as Part Time Chairman
AI Summary
RBI has approved the appointment of Mr. Elias George (DIN:00204510) as the Part Time Chairman of Federal Bank for a period of three years, effective from May 23, 2026. Mr. George, an Independent Director, is not related to any other Director or Key Managerial Personnel of the Bank and is not debarred from holding the office of director by any SEBI order or other authority. He has been an Independent Director on the Board of the Bank since September 05, 2023.
Key Highlights
- RBI approves Elias George as Part Time Chairman of Federal Bank.
- Appointment is effective from May 23, 2026, for a three-year term.
- Mr. George is an Independent Director and not related to other key personnel.
- He has been an Independent Director on the Board since September 5, 2023.
- Mr. George is not debarred from holding the office of director.
Price Impact
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