Mr. P. Jayarama Bhat
Part-Time Non-Executive Chairman, Karnataka Bank Ltd.
Born on 14th November 1951, Shri P. Jayarama Bhat is a Post Graduate in Chemistry
(with First Rank) from University of Mysore. He is a Certified Associate of Indian
Institute of Bankers (CAIIB). He has banking experience of over 4 decades. He joined
Karnataka Bank as an Officer in the year 1973 and over the period of time got
promoted to various positions. In the year 2005, he was promoted as Chief General
Manager of the Bank. He was the Managing Director & CEO of the Bank for the period
from 14th July 2009 to 12th April 2017. Presently he is the Part- time Non-Executive
Chairman of the Bank with effect from 12th April 2017.
Shri P. Jayarama Bhat has rich experience in all the facets of banking operations.
He is in the Board of Universal Sompo General Insurance Company Ltd., a joint
venture of the Bank.
He was a member on Management Committee of the Indian Banks’ Association (IBA) from
August 2010 to August 2014, during which period he was also the Chairman of ‘IBA
Committee on Member Private Sector Banks’.
During his tenure as Managing Director, the Bank had secured many awards in the
field of IT, CSR, MSME instituted by IDRBT, IBA, CIMSME, ASSOCHAM etc.
Shri P. Jayarama Bhat has been conferred with several awards including “Aryabhata
International Award”, “Outstanding Manager Award” by Mangalore Management
Association, “A. Shama Rao Memorial Outstanding Achievement Award”, T. A. Pai
Memorial “Shrestha Banker” award by ‘Delhi Kannadiga’, “CEO with HR Orientation” by
Asia Pacific HRM Congress, “New Year Award-2015” constituted jointly by Manipal
University, Academy of General Education and Syndicate Bank, “Yedthare Manjayya
Shetty” award constituted by Yedthare Manjayya Shetty Memorial & Charitable Trust,
Kundapura and prestigious “Vandana Award” by Rotary Club of Mangaluru Central and
Rotaract Club of Mangaluru City.
Mr. Mahabaleshwara M.S
Managing Director & Chief Executive Officer, Karnataka Bank Ltd
Mr. Mahabaleshwara M.S., MD & CEO of Karnataka Bank has over 32 years of banking experience both at operational and administrative levels. He has done his Masters in
Agricultural Sciences (M.Sc. Agri), with specialization in Agronomy, from the University of Agricultural Sciences (UAS), Bengaluru and he is also a Certified
Associate of the Indian Institute of Bankers (CAIIB) and has also done Post Graduate Diploma in Business Management (PGDBM) from St. Aloysius College, Mangaluru.
He started his career as Researcher & Teacher at University of Agricultural
Sciences, Bengaluru and later on joined Karnataka Bank as Agricultural Field Officer
in 1984. Initially he served at Credit Department of the Bank at its Head Office,
Mangaluru. He played a key role in launching KRISHI CARD scheme of the Bank. Later
on he headed Banakal, Chickmagalur ADB (Agricultural Development Branch) and
Bengaluru Kasturba Road (Forex Designated) branches of the Bank and has been the
member of the prestigious “Chairman’s Club” for 5 times, for his outstanding
performance as Branch Head.
On his promotion as Chief Manager and later on as Assistant General Manager he
served at Credit Department and Planning & Development Department of the Bank at its
Head Office, Mangaluru. Later on he moved to New Delhi Regional Office as Regional
Head, wherein he played a key role in expanding the foot prints of the Bank in the
Northern part of India by opening good number of branches and subsequently got
elevated to the cadre of Deputy General Manager. During his tenure as Regional Head,
Delhi Region was adjudged as the ‘Best Region’ of the Bank, twice. Further, on
account of rapid branch expansion in Northern India, Bank had also opened a new
Regional Office at Kolkata. He also served as Regional Head of Mumbai Region before
being elevated to the Post of General Manager in 2011.
On the 28th of August 2013 he was promoted as Chief General Manager and was overall
in charge of the Departments of Credit, Planning & Development, IT & MIS, Treasury &
Accounts and HR & IR.
He was actively involved in Bank’s BPR (Business Process Reengineering) initiative
in association with KPMG and later on played a pivotal role in the Digital Banking
initiatives of the Bank. He is also actively involved in the implementation of “KBL
Vision 2020” – a five year growth plan of Karnataka Bank which aims to make
Karnataka Bank a “Big & Strong Bank” with 1000 branches, 2500ATM’s and Rs 1,80,000/-
crore of business turnover by the year 2020.
He also served as the Non–Executive Director on the Board of Universal Sompo General
Insurance Co. Ltd., as the nominee director of Karnataka Bank.
He hails from Malnad Region, Mavinakudige - Thotadur of Chickmagalur District and
has done his early schooling at ‘Govt. Primary & Middle School’ Basrikatte and Shree
Sadguru High School, Basrikatte. Later on he moved to Bhandarkars College, Kundapura
for his Pre - University course and to University of Agricultural Sciences,
Bengaluru for under graduate and post graduate courses.
He is serving as MD & CEO of Karnataka Bank since 15.04.2017.