Ananthakrishna (74)-the Former Chairman of Karnataka Bank Passed Away
Mangaluru: Former chairman and CEO of Karnataka Bank Ltd Ananthakrishna passed away on Sunday October 11, at the age of 74.
Hailing from Bantwal, Ananthkrishna joined Karnataka Bank as an officer in 1971. He worked in different capacities at the operational level as well as management level, and was appointed chairman and CEO in the year 2000. He served in this capacity till 2009, after which he continued as non-executive chairman of the bank. He retired in 2016.
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Ananthakrishna completed his school education from SVS High School, Bantwal. He pursued science at St Aloysius College, and went on to complete post graduation in mathematics from Mysore University. He began his career as a teacher at Deepika high school, Modankap, before serving as lecturer at Manipal Institute of Technology. He then joined Hindustan Aeronautics Limited (HAL), Bengaluru as Junior Programmer before joining Karnataka Bank Ltd in 1971.
Under his able leadership, Karnataka Bank made quick progress, witnessing exponential growth and establishing pan-India presence. Ananthakrishna also served as honorary secretary of Indian Banks’ Association and president of the Bankers’ Club, Mangaluru.
He was honoured with a number of awards, including ‘PR Person of the Year – 2002’ awarded by Public Relations Society of India (PRSI), Mangaluru-Manipal chapter, KK Pai National Banking Award, ‘Outstanding Manager – 2004’ by Mangalore Management Association, New Year Award – 2008 constituted jointly by Academy of General Education, Rotary Club Udupi-Manipal and Syndicate Bank, and Rotary ‘4-Way Test’ Award for exemplary ethics in business and vocation.