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Shri Mahabaleshwara M S took charge as Managing Director & Chief Executive Officer of Karnataka Bank on April 15, 2017. Prior to this, he was serving as Chief General Manager of the Bank.

Mr. Mahabaleshwara M.S., MD & CEO of Karnataka Bank has over 34 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 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 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 was also actively involved in the implementation of “KBL Vision 2020” – a five year growth plan of Karnataka Bank. Further, the Bank is all poised to implement its most sought after transformation exercise ‘KBL-VIKAAS’ under his leadership by having BCG (Boston Consulting Group) as Transformation Partner. The Bank has recently surpassed the ‘One Lakh crore business” milestone under his able leadership.

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 Chikkamagaluru District of Karnataka State and has done his early schooling at ‘Govt. Primary & Middle School’ Basrikatte and Shree Sadguru High School, Basrikatte, Chikkamagaluru District. 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.

Travelled widely across the country and abroad, he is determined to transform Karnataka Bank into a strong and socially responsible and commercially viable financial institution.

He is recently honoured with “Shree Krishnanugraha Prashasti” by his Holiness Shri Shri Vishwesha Theertha Swamiji, Pejavar Mutt, Udupi in recognition of his praiseworthy contribution to the field of banking.