Managing Director & Chief Executive Officer, Karnataka
Bank Ltd
Mahabaleshwara M.S. took charge as Managing Director & CEO of Karnataka Bank on
15.04.2017. After successful completion of his first term of three years, RBI
re-appointed him for a further period of three years with effect from 15.04.2020. He has
over 37 years of banking experience both at operational and administrative levels. The
Bank is implementing its most sought-after wholistic transformation exercise
‘KBL-VIKAAS’ under his leadership aiming to position the Bank as ‘Big, Strong and
Vibrant’ & the ‘Digital Bank of Future’ in the years to come. Further, he had played a
pivotal role in the ‘Digital Banking’ & ‘BPR’ (Business Process Reengineering)
initiatives of the Bank on earlier occasions. The Bank has surpassed “Rupees One Lakh
Thirty Nine Thousand Crore Business” and also achieved a milestone of more than 11
million customers under his able leadership.
He has done his Masters in Agricultural Sciences (M.Sc. Agri), with specialisation in
Agronomy, from the University of Agricultural Sciences (UAS), Bengaluru. He is also a
Certificated Associate of the Indian Institute of Bankers (CAIIB) and Honorary Fellow of
Indian Institute of Banking and Finance (IIBF) & holds Post Graduate Diploma in Business
Management (PGDBM) from St. Aloysius College, Mangaluru.
Further, he is also associated with the following Institutions/Organisations:
- Chairman, Southern India Banks’ Staff Training College (SIBSTC), Bengaluru.
- Member of the Managing Committee of IBA (Indian Banks’ Association), Mumbai.
- Member of the Governing Council of IIBF (Indian Institute of Banking & Finance),
Mumbai.
- Non-Executive Chairman of M/s KBL Services Ltd., Bengaluru, a wholly owned
subsidiary of the Bank.
- The president of the Bankers’ Club, Mangaluru.
- Member of CII National Committee on Banking 2021-22.
Further, he served as a member of the Managing Committee of IBA (Indian Banks’
Association), Mumbai for a period of three years (September 11, 2019 to September 16,
2022).
Considering his invaluable contribution in the field of banking and also to the society,
he has been honoured with various awards and accolades by several prestigious institutions
/ organisations.