The Board of Directors of Fedbank Financial Services has appointed Parvez Mulla as Managing Director (MD) & Chief Executive Officer (CEO) for a term of three years, effective from November 11, 2024, to November 10, 2027. His appointment is subject to shareholder approval.
Shyam Srinivasan, Non-Executive Chairman, Fedbank Financial Services, welcomed the appointment, stating, “We are pleased to welcome Parvez Mulla as MD and CEO. His leadership experience, domain expertise in financial services and proven ability to navigate dynamic business environments position him to lead the company into its next growth phase. We are confident he will accelerate our journey towards becoming a prominent force in the sector, grounded in sound governance and stakeholder value.”
He brings 28 years of expertise across lending, retail banking and insurance sectors. His career highlights include executive roles such as Chief Operating Officer (COO) at HDFC Life, Managing Director at True North, Chief Executive of Retail at L&T Finance and General Manager (GM) at ICICI Bank and holds other experiences.
Mulla’s leadership is expected to further strengthen Fedbank Financial Services as it expands its market presence and scales operations for sustainable growth.