Current Affairs - Awards and Honours - Discussion

The Reserve Bank of India (RBI) approved the appointment of Elias George as the Part-time Chairman of Federal Bank on May 25, 2026, for a tenure of three years. Prior to this elevation, he served as an Independent Director on the bank’s board from September 5, 2023, reflecting his continued association with the institution. His professional background includes serving as the CEO of the Kochi Metro Rail project and as Chairman of the Unified Metropolitan Transport Authority. A retired Indian Administrative Service (IAS) officer, he brings extensive administrative and infrastructure experience. Federal Bank, headquartered in Aluva, Kochi, is one of India’s established scheduled commercial banks with a long legacy in the banking sector.