Federal Bank Appoints Virat Diwanji Executive Director

Date: 28.09.2026

Name: Mr. Virat Sunil Diwanji (DIN: 07021146)
Designation: Executive Director (Key Managerial Personnel)
Type of Change: Appointment as Additional Executive Director
Effective Date: October 12, 2026
Term: Three (3) years from the date of assuming charge
Approval Authority: Reserve Bank of India (Approval letter DoR.GOV.No. 5133/08.38.001/2026-27 dated September 28, 2026)
Shareholder Approval: Required within 3 months from date of assuming charge
Current Role: National Head - Consumer Banking at The Federal Bank Limited (joined April 10, 2025)
Responsibilities: Leads Consumer Banking business encompassing Branch Banking, Retail Liabilities, Retail Assets, Wealth Management, Business Banking, Digital Centre of Excellence, Customer Experience, Service Quality, Recovery, and Collections
Previous Experience: 30+ years with Kotak Mahindra Group, including Group President & Head - Consumer Bank
Other Directorship: Non-Executive Director of Ageas Federal Life Insurance Company Limited
Relationship with Directors: Not related to any Directors of the Bank
Regulatory Status: Not debarred/disqualified from holding director office by SEBI or any other authority

Terms and conditions including remuneration as approved by Reserve Bank of India