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

His experience lies mainly in areas of wholesale banking, transaction banking and so on.

He has experience in banking of over thirty years.

He is a post graduate in business management from XLRI.

He has been attributed with leading the computerization of HSBC's operations in Kolkata and also for opening the first ATM in the eastern part of the country.

His focus in Federal Bank would be on areas like corporate banking, treasury, mid-markets, SME and new streams of syndication, debt markets and other strategic opportunities, said the bank in a release.