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RBI appoints Dilip Sadarangani as Part Time Chairman of Federal Bank

Published in Banking & Finance Monday, 28 January 2019 16:19

 

 

 

DilipSadarangani has been appointed as Part Time Chairman of Federal Bank. The Bank obtained approval of Reserve Bank of India in this regard. He has been in the board of FederalBank since 2013. 

DilipSadarangani is a renowned banker with experience in variousfacets of banking, particularly technology, in different countries. He has played key roles insetting up of IT infrastructure in different banks in India, Australia and Kuwait. He was also aCore member of the team which automated the first 50 branches of State Bank of India. Hehas made contributions in business-technology strategies for banks including ANZ GrindlaysBank, Standard Chartered Bank (SCB) etc. 

He holds a Post Graduate Diploma in Computer Management from Jamnalal Bajaj Institute of Management, University of Bombay. Theappointment of this veteran banker who has been instrumental in ushering in of technology inmultiple banks, as chairman of the board of Federal Bank comes at a time when Federal Bankmakes confident strides in gaining market share in India with its mantra of Digital at the Foreand Human at the Core.

 

 

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