People Moves
Srinivasan Assumes Lead At Federal Bank
Shyam Srinivasan has assumed the leadership
of Kerala-based
Federal Bank as its new managing director and chief
executive.
Srinivasan was previously the country manager at Standard
Chartered Bank's consumer banking business. He had also been
country head at the bank's consumer unit in Malaysia.
The Reserve Bank of India had announced his appointment in early
August 2010, after the then MD and CEO
M Venugopalan said he was to retire on 31 July.