Former CEO of Karnataka Bank Ananthakrishna no more

Mangaluru: Former Chairman/CEO of Karnataka Bank Ltd. Ananthakrishna passed away on Sunday, October 11 at a private hospital in the city. He was 71.

Ananthakrishna was suffering from age-related ailments, said family sources.

Born in 1946, Ananthakrishna hails from Bantwal in Dakshina Kannada district. He had his initial education at S. V. S. High School, Bantwal. After graduating in Science from St. Aloysius College in Mangalore he did his post-graduation in Mathematics at Mysore University.

He began his illustrious career as a teacher at Modankaup in Bantwal Taluk. Later he served as a Lecturer at Manipal Institute of Technology. He moved over to Hindustan Aeronautics Limited (HAL), Bangalore as Junior Programmer before joining Karnataka Bank Ltd as an Officer in 1971.

At the Bank he has worked in different capacities both at the Operational Level and in Key Management positions in various functional areas like Treasury and Accounts, Corporate Taxation, Information Technology and Credit Administration.

Excellent performance in different capacities resulted in his being promoted as General Manager of the Bank in 1994 and later as Chief General Manager in 1998. He was appointed as Chairman & CEO of the Bank in July 2000 and has successfully completed 9 years in office on 12.7.2009.