Federal Bank opens

Vijayawada, 27th March 2024: The seventh Federal Skill Academy, a CSR initiative of Federal Bank, its Vijayawada Regional Office, and Kanuru Branch were inaugurated at Kanuru, Vijayawada. This historic triple inauguration marks a step forward in the commitment to local and national development, providing comprehensive banking services, administrative oversight, and advanced vocational training under one coordinated effort.

The premises were inaugurated by Ms Shalini Warrier, Executive Director of the Bank. The ceremony was attended by distinguished guests – Dr K Jagan Mohan Rao, Chairman and MD, Nagarjuna Hospital, Dr Jagadish C Mudiganti, Registrar, Vellore Institute of Technology, Andhra Pradesh University, Ravi K Gujjula, Chief General Manager, APSSDC, Murali Krishna Vasireddy, President, FAPSMIA, Andhra Pradesh, Dileep B, Senior Vice President and Bangalore Zonal Head of the Bank, Anil C J, DVP & Head CSR of the Bank, R.Balachandran, CMD, SB Global Educational Resources Pvt ltd, K.V.Vinayarajan, CEO, SB Global Educational Resources Pvt. Ltd., other officials and executives from the bank and customers etc.

Offering state-of-the-art vocational training in various trades, the academy is poised to equip individuals with the necessary skills to thrive in today’s competitive job market, driving economic prosperity and reducing unemployment within the region. The inauguration of the Federal Skill Academy stands as a testament to the commitment to skill development and employment generation.

The Kanuru Branch will offer a wide range of financial services to meet the banking needs of individuals and businesses, fostering economic growth and financial inclusion in the region. Simultaneously, the Regional Office will serve as a central hub for operational excellence, ensuring that services across the various branches are streamlined and efficiently managed. This strategic placement within Vijayawada underscores the importance of regional dynamics in the overall growth strategy and aims to enhance service delivery and satisfaction.

The community’s response to the inaugurations has been overwhelmingly positive, with many expressing optimism about the potential impacts on local development and job opportunities. The comprehensive approach taken by these institutions is expected to set a precedent for similar initiatives in other regions, highlighting the importance of integrated development strategies.