Thiruvananthapuram, Kerala – Federal Bank’s new Managing Director and CEO, Mr. KVS Manian, met with Kerala Chief Minister Shri Pinarayi Vijayan today to discuss avenues for collaboration & growth. He also met with the Minister of Industries, law, and Coir Mr P Rajeeve. Mr. KVS Manian, who assumed the role of MD & CEO of Federal Bank in September 2024, brings nearly three decades of leadership experience in the banking sector. Since taking charge, he has been actively engaging with stakeholders across the state to gain insights into its landscape, opportunities, and challenges.
During the meeting with the Chief Minister, discussions centered on strengthening the partnership between the Federal Bank and the state government to foster economic growth and development initiatives in Kerala. Federal Bank, which has its origins in Kerala and now boasts a nationwide presence, operates over 600 branches in the state, accounting for 40% of its total branch network. It is also one of the most preferred banks for the large Non-Resident Indian community, predominantly from Kerala.
Mr. KVS Manian said ” Our discussion with the Honourable Chief Minister was both constructive and forward-looking, focused on unlocking new avenues for Kerala’s progress. At Federal Bank, we see our journey as inseparable from Kerala’s own. Our success has always been intertwined, and we remain committed to being more than just a perfect banking partner aim to be a catalyst for empowerment and development, ensuring that as Kerala rises, we rise with it.”
Federal Bank has been actively participating in various development initiatives within the state, focusing on supporting local businesses, empowering entrepreneurs, and promoting financial inclusion. The institution has also been using its CSR resources for conducting developmental activities across Kerala, including running skilling centers that provide vocational training and help in employment generation, with close to 500 trainees passing out last year alone. The bank has also been offering scholarships to students from financially backward families and has supported 600 cancer patients in Kerala through its Sanjeevani program. International Finance Corporation, the investment arm of the World Bank, is a key shareholder in Federal Bank.
