C Balagopal is appointedas the new Chairman of Federal Bank.
He is currently serving as director of the Federal bank.
He will take charge on November 22, 2021, and go on till June 28, 2023.
Former IAS officer, Balagopal shined as an entrepreneur.
Post Graduate in Economics from Madras Loyola College, he passed IAS in 1977.
He had held various positions in Manipur and Kerala.
Balagopal is known for his biomedical company.
It used a technology developed by Sri Chithira Thirunal Institute of Medical Science and Technologies.
Balagopal is one of the founding directors of Peninsula Polymers and Penpol.
Penpol later merged with Terumo and became Terumo Penpol that manufactures blood bags.
Balagopal recently sold his entire shares to Terumo Corporation.
Now, he is a writer and startup investor.
