Skip to content
Free updates Login
SSCBankingNABARD / RBI

Elias George Appointed Part-Time Chairman of Federal Bank

27 May 20261 min read
BANKING & FINANCEElias GeorgeAppointed Part-TimeChairman of FederalBank27 May 2026safalsetu.com

Why in the news

Federal Bank named a new part-time chair once the Reserve Bank gave its consent.

Key facts

  • Appointee: Elias George, as Part-Time Chairman of Federal Bank.
  • Approval: granted by the RBI.
  • Background: ex-IAS officer with 35+ years spanning infrastructure finance, governance and public administration.
  • Past roles: led Kochi Metro Rail Limited as CEO; Additional Chief Secretary, Kerala.

Exam angle

  • Person-and-post pair: Elias George, Federal Bank part-time chairman.
  • Process point: bank board chair appointments need RBI approval.

Test yourself

1. Who was appointed Part-Time Chairman of Federal Bank in May 2026?

He was named after RBI approval.

2. Elias George previously served as CEO of which organisation?

He led Kochi Metro Rail Limited earlier.

3. Which authority approved Elias George's appointment at Federal Bank?

The appointment followed RBI approval.

This topic is part of Daily Current Affairs 27 May 2026 (24 topics).

All topics of the dayDay quizMay 2026

Read more