Federal Bank Appoints Mr. Manikandan M as New Chief Financial Officer (CFO)
Federal Bank appointed Mr. Manikandan M as its new Chief Financial Officer (CFO) and Key Managerial Personnel, effective May 01, 2026. He replaces Mr. Venkatraman Venkateswaran, who will continue as Executive Director. Mr. Manikandan M has over 12 years of banking experience and expertise in financial reporting.
The appointment of a Chief Financial Officer is a significant management change that can impact financial strategy and operations, hence a medium impact.
The appointment of a new CFO with extensive experience and a proven track record is a positive development for the bank, indicating continuity and strengthened financial leadership.
The Federal Bank Limited announced the appointment of Mr. Manikandan M as its new Chief Financial Officer (CFO) and Key Managerial Personnel.
The Board of Directors approved this appointment at their meeting held on April 29, 2026. Mr. Manikandan M, currently Deputy Vice President -II & Head – Financial Reporting, will officially assume his new role on Friday, May 01, 2026.
Mr. Venkatraman Venkateswaran, the current Executive Director & CFO, will be relieved of his CFO responsibilities at the close of business hours on Thursday, April 30, 2026, and will continue in his role as Executive Director.
Mr. Manikandan M brings over 12 years of post-qualification experience in the banking sector. He is a Fellow Member of the Institute of Chartered Accountants of India, an Associate Member of the Institute of Company Secretaries of India, and a licensed Certified Public Accountant (USA). He has been with the bank since October 2013 and currently heads the Financial Reporting Department. Under his leadership, the Bank has received accolades for its financial reporting. He has also been instrumental in significant capital raising initiatives and received the ICAI’s 40 under 40: CA Business Leader award in 2025.
What to do with a filing like this
The Federal Bank Limited filed this with the NSE as a statutory disclosure, categorised under key management changes. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by The Federal Bank Limited. Read the original for the full detail.