Virat Sunil Diwanji has been elevated to the position of Executive Director at Federal Bank for a three-year term, effective October 12, 2026, following approval from the Reserve Bank of India. The appointment marks a significant milestone in his banking career, bringing decades of leadership experience in consumer banking and financial services to the role.
Diwanji joined Federal Bank in April 2025 as National Head – Consumer Banking, where he has been responsible for overseeing key business areas, including retail banking, wealth management, business banking, digital initiatives, and customer experience. His experience in managing diverse banking operations and driving customer-focused initiatives has contributed to his leadership journey at the bank.
Before joining Federal Bank, Diwanji spent more than 30 years with the Kotak Mahindra Group, holding several senior leadership positions. His previous roles included Group President and Head – Consumer Bank, where he gained extensive experience in banking operations, business strategy, customer engagement, and financial services.
In addition to his responsibilities at Federal Bank, Diwanji serves as a Non-Executive Director at Ageas Federal Life Insurance, further reflecting his experience across the banking and insurance sectors.
His elevation comes at a time when the banking industry continues to focus on digital transformation, customer-centric services, and business growth. With his extensive industry experience and leadership background, Diwanji is expected to contribute to Federal Bank’s strategic priorities and its continued focus on strengthening customer relationships and expanding its banking services.
