Former chairman of Karnataka Bank P Jayaram Bhat passes away

Former chairman of Karnataka Bank P Jayaram Bhat passes away

Mangalore Today News Network

Mangaluru, Aug 09, 2023: Former chairman of Karnataka Bank P Jayaram Bhat passed away on August 9, Wednesday. He was 78 years. He was an exemplary banker whose visionary leadership helped Karnataka Bank rise to greater heights during his tenure.

 

Jayaram Bhat was a Banker par excellence. A teacher who turned to banking, Bhat took charge as Managing Director and Chief Executive Officer of the Bank on July 14, 2009. He served in the post till April 2017 and later took charge as part-time non-executive Chairman of Karnataka Bank the same month. He had retired from service in November 2021 after completing his term.

 Bhat who hailed from Polali, completed his MSc from Mysore University in 1972 with a first rank. After successfully appearing for the CAIIB examination in the year 1986, he served as a lecturer at Government Junior College, Mulki for a brief period of three months in 1972. His career in banking began after he joined Karnataka Bank Limited in 1973 as a probationary officer. In 1976 he became a Branch Manager and served various branches for 14 years. He was promoted as chief accountant at the Bank’s head office in the year 1993. Bhat was later appointed as Assistant General Manager and Deputy General Manager and was elevated to the post of Chief General Manager in 2005.

He is survived by his wife, a son and a daughter.