Shyam Srinivasan, managing director and chief executive officer (CEO) of Federal Bank, is the Business Standard Banker of the Year for 2019-20 for his bank’s consistent healthy performance at a time when most of its peers witnessed large stress on asset quality, registered losses, or even invited regulatory actions.
The unanimous decision was taken by a high-profile jury of five, chaired by former Reserve Bank of India deputy governor S S Mundra. Other members were Keki Mistry, vice-chairman and CEO of Housing Development Finance Corporation; Rashesh Shah, chairman and CEO of Edelweiss Group; Pratip Chaudhuri, former State Bank of India chairman;