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Federal Bank has new ED

Federal Bank has appointed a new ED, Ganesh Sankaran, who will be in charge of its wholesale banking segment. Sankaran, a former senior executive of HDFC Bank, has over 20 years of banking experience. At HDFC Bank, he was in charge of the wholesale banking unit and was responsible for managing the balance sheet and profitability for the bank. He is an alumnus of VJTI, Mumbai and has a MBA from Symbiosis Institute of Business Management. Apart from being in charge of creating a wholesale banking department in Federal Bank, he will also be responsing for bringing senior leadership strategy insight in building a high quality franchise, according to the bank.

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