Federal Bank Limited appoints Mr. A P Hota as the Part Time Chairman

Federal Bank Limited appoints Mr. A P Hota as the Part Time Chairman

Daily Current Affairs   /   Federal Bank Limited appoints Mr. A P Hota as the Part Time Chairman

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Category : Appointment/Resignation Published on: June 30 2023

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  • The Federal Bank Limited announced the appointment of Mr. A P Hota (DIN- 02593219), Independent Director, as Part Time Chairman of the Bank with effect from June 29, 2023, till January 14, 2026. 
  • Mr. A.P. Hota has banking experience of over 27 years in Reserve Bank (mostly in technology and payment systems) from 1982 ­ 2009. 
  • While at Reserve Bank of India, he served as Nominee Director to the Board of Vijaya Bank and subsequently Andhra Bank.
  • He was the architect of NPCI and served as its Managing Director (MD) and Chief Executive Officer (CEO) between 2009- 2017.
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