Federal Bank’s executive director Shalini Warrier has resigned from the bank to pursue an entrepreneurial opportunity.

“Shalini Warrier has resigned as an executive director of the bank in order to pursue a potential entrepreneurial opportunity. Ms Shalini Warrier has confirmed that there are no material reasons for her resignation, other than those mentioned in her resignation letter,” the bank said in an exchange filing.

 

The board of Federal Bank, in consultation with Warrier, has decided to relieve her on any date between May 15 and May 31, 2025, and delegated the managing director and chief executive officer KVS Manian to decide on the actual date of relieving during this period, consequent to her resignation.

Warrier, who joined the bank as the chief operating officer in 2015, took on the additional responsibility of business head of retail banking products in 2019. She was appointed as executive director of the bank in 2020.

 

Before joining Federal Bank, she worked with Standard Chartered Bank. Warrier has over two decades of experience in the banking sector.