Private sector lender Federal Bank appointed Abraham Chacko as its Executive Director

Private sector lender Federal Bank appointed Abraham Chacko has had experience of working with leading multinational banks in India as its executive director.

Chacko has over thirty years of banking experience that he acquired across domestic and international markets. A post-graduate in Business Management from XLRI, the foundations of his banking career was established through a 15-year stint with HSBC.

During the mid-1980s he spearheaded the computerising of HSBC operations at Kolkata and launched the first ATM in eastern India.

In his new role in Federal Bank, he is expected to establish a best-in-class wholesale banking franchise, with focus on corporate banking, treasury, mid-markets, SME and new streams of syndication, debt markets and other strategic opportunities.