Karnataka Bank gets new CGM in Mahabaleshwara Bhat

MANGALORE: City based private sector bank - Karnataka Bank Ltd has promoted its general manager M S Mahabaleshwara Bhat, 54, as its chief general manager. Bhat, a post graduate in agricultural sciences, has over 29 years of banking experience both at operational and administrative levels. He started his career as researcher and teacher at University of Agricultural Sciences, Bangalore and joined the bank as agricultural field officer in 1984.

Bhat initially served at credit department of the Bank at its head office here. Later, he headed Banakal, Chikmagalur agricultural development branch) and Bangalore Kasturba Road branches of the Bank and has been the member of prestigious 'Chairman's Club" for five times. On his promotion as chief manager and later on as assistant general manager he served at credit department and planning and development department at its head office.

Later on he moved to New Delhi regional office as regional head, wherein he played key role in expanding foot print of Bank in Northern part of India by opening good number of branches. He also served as regional head of Mumbai region before being elevated to the post of general manager in 2011. He has good experience in administration of agricultural and rural credit', retail, MSME and corporate finance, forex business, and so on.