Federal Bank has announced the re-appointment of Mr. Harsh Dugar as the Executive Director on its Board for a period of three years, effective from 23 June 2026. The re-appointment follows approval from the Reserve Bank of India (RBI) as per the letter dated 30 March 2026, and it is subject to the approval of shareholders at the next General Meeting or within three months, whichever is earlier.
Mr. Harsh Dugar, who has been serving as the Executive Director of Federal Bank since 2023, brings a wealth of experience from his previous roles. He joined Federal Bank in 2016 after a distinguished 20-year career in corporate banking at HDFC Bank. His expertise spans various verticals and geographies within corporate banking.
Mr. Dugar holds a bachelor’s degree with Honours in Accounting & Finance from the University of Calcutta, where he was the University Topper. He is also a qualified Cost and Works Accountant (CWA) with an All-India Rank and a gold medal in Chartered Financial Analyst (CFA) from ICFAI. Early in his career, he contributed to academia as a part-time faculty member at ICFAI Business School, Kolkata.
There are no familial relationships between Mr. Harsh Dugar and any other directors of Federal Bank, and he is not debarred or disqualified from holding the office of Director by any order of the Securities and Exchange Board of India or any other authority.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).