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News18•17-10-2026, 17:45
Federal Bank Appoints Cognizant India CMD Rajesh Varrier as Independent Director
  • •Federal Bank has appointed Cognizant India Chairman and Managing Director Rajesh Varrier as an independent director.
  • •The appointment was approved by the board for a period of three years starting October 16, 2026.
  • •Varrier is not related to any of the existing directors on the bank's board.
  • •At Cognizant India, Varrier provides regional leadership and drives company transformation programs.

Key Questions Answered

Federal Bank has appointed Rajesh Varrier, the Chairman and Managing Director of Cognizant India, as an additional and non-executive independent director on its board.

His appointment is for a period of three years, effective from October 16, 2026.

No, Rajesh Varrier is not related to any of the directors of the bank.