In a leadership reshuffle at The Federal Bank Limited, the board has appointed Manikandan M as Chief Financial Officer, effective May 1, 2026. The move follows a planned transition as Venkatraman Venkateswaran steps down from the CFO role at the close of business on April 30, 2026, while continuing to serve the bank as Executive Director.
Manikandan M, 35, is a Fellow Chartered Accountant and licensed Certified Public Accountant (USA), with over 12 years of post-qualification experience in banking. He has been with the bank since 2013, most recently as Deputy Vice President-II and Head of Financial Reporting, where he has led financial reporting, regulatory compliance, strategic planning and capital management. His profile highlights include a Gold Medal in Bachelors of Commerce, ICAI awards for excellence in financial reporting, and recognition such as the ICAI’s 40 under 40: CA Business Leader award in 2025, reflecting a track record of governance and leadership within the bank’s finance function.
The leadership transition signals a continuity-focused approach to the bank’s finance leadership, with Manikandan reporting to the Executive Director and taking charge of the CFO mandate as the bank navigates evolving regulatory and capital-management demands. Venkatraman Venkateswaran will remain at the helm as Executive Director, providing ongoing oversight and strategic guidance while relinquishing the CFO duties.