Federal Bank executive director Shalini Warrier resigns

Federal Bank (BSE:FEDERALBNK) announced the resignation of Executive Director Shalini Warrier, effective sometime between May 15th and May 31st, 2025. The Board of Directors accepted Warrier’s resignation at a meeting held on April 4, 2025. The decision on the specific date of relieving Warrier has been delegated to MD&CEO Mr. KVS Manian. Warrier confirmed that her resignation is motivated by her pursuit of a potential entrepreneurial opportunity. The announcement, made in compliance with SEBI regulations, included Warrier’s confirmation that there are no material reasons for her resignation beyond the stated pursuit.