Ajith Kumar K.K has over 36 years of experience behind him with the Federal Bank in various facets of banking including credit, human resources, business, and branch banking. He was the chief human resources officer at Federal Bank prior to this.
RBI approved his appointment in April after Dhanlaxmi Bank proposed his name following a rigorous search for its top position.
Shivan’s scheduled term ended on January 29 but RBI asked him to continue till his successor assumed charge. RBI asked him to continue because he was the only wholetime director on the board of the bank.
An MBA from Cochin University of Science and Technology, Ajith Kumar was awarded the Gold award for the HR Leader of the year in the category of large scale organizations in the Economic Times Human Capital award.