As required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements Regulations, 2015), The Federal Bank has informed that the approval from Reserve Bank of India has been received on July 16, 2020 for the reappointment of Shyam Srinivasan as the Managing Director (MD) & Chief Executive Officer (CEO) of the Bank, with effect from September 23, 2020 (the completion of the present term of office) till September 22, 2021 along with remuneration as proposed by the Bank.
The above information is a part of company’s filings submitted to BSE.