The Board of Directors at Fedbank Financial Services has approved the appointment of Parvez Mulla as the Managing Director and Chief Executive Officer for a three-year term, effective November 11. His appointment depends on the approval of the company’s shareholders.
Parvez Mulla has 28 years of expertise in retail banking, insurance, and financing. Throughout his career, he has served in a variety of leadership positions, such as General Manager at ICICI Bank, Chief Operating Officer at HDFC Life, Managing Director at True North, and Chief Executive of Retail at L&T Finance.
He has also served as a fintech advisor with Blume Ventures and has been on the boards of HDFC Pension and North East Small Finance Bank.
Shyam Srinivasan, Non-Executive Chairman of the company, commented, “Parvez Mulla’s extensive leadership background, deep domain knowledge in financial services, and proven ability to drive business growth in a dynamic landscape will enable him to lead the company into its next phase of expansion. We are confident that he will enhance our journey toward becoming a prominent force in the financial services sector, focused on creating value for all stakeholders while adhering to strong governance practices.”
