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1. Who has been appointed as the new CEO and Managing Director of Federal Bank?
KV Subramanian has been appointed as the new Managing Director and Chief Executive Officer of Federal Bank, with his term starting on September 23, 2024. Prior to this role, Subramanian was the Joint Managing Director of Kotak Mahindra Bank. Federal Bank, headquartered in Aluva, Kerala, is a prominent Indian private sector bank founded on April 23, 1931, by K. P. Hormis. His appointment marks a significant leadership transition for the bank.