The Federal Bank has announced the appointment of Mr. Elias George as its Part-Time Chairman, following approval from the Reserve Bank of India (RBI). Mr. George, who has been serving as an Independent Director on the Board of the Bank since September 2023, officially took charge on 23 May 2026.
The appointment is for a term of three years, and Mr. George is not related to any other Director or Key Managerial Personnel of the Bank. It has been confirmed that he is not debarred from holding the office of director by any SEBI order or other authority.
Mr. Elias George holds a Bachelor’s degree in Technology in Naval Architecture and Ship Building from the University of Kochi and a Post Graduate Diploma in Public Administration with a specialisation in International Economic Relations from the Institute International Administration Publique (IIAP), Paris. He has also completed various short-term Management Development courses in India and the U.S., including at the Harvard Kennedy School of Government.
Mr. George has had a distinguished career in the Indian Administrative Service, serving in various Union Ministries and the State of Kerala, with a focus on infrastructure creation and financing. He has also been a senior partner at KPMG, overseeing the Infrastructure, Government, and Healthcare verticals.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).