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Mangalore, July 13

Mr Ananthakrishna, Chairman and Chief Executive Officer of Karnataka Bank Ltd, will step into his ninth year in office on July 13. A bank release said here that he has broken the record of late Mr K. Soorynanarayana Adiga who was the bank’s full-time Chairman for eight years.

Mr Ananthakrishna

Mr Ananthakrishna has entered the third year of the third three-year term as Chairman and Chief Executive Officer of the bank.

The release said that the bank registered all round progress over the last eight years. There was almost a four-fold increase in business to reach a turnover of over Rs 27,858 crore as on March 31, 2008 from Rs 7,625 crore eight years ago. The bank is eyeing a turnover of Rs 35,000 crore for 2008-09, it added. —

Our Bureau

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