Media Release

Mangaluru, Jun 18: Managing director & CEO of Karnataka Bank, Mahabaleshwara M S has been conferred with the 'FE Pillar of the BFSI Industry' award in the Financial Express Modern BFSI Summit held at Mumbai on June 17 for his exemplary contribution to the banking, financial services and insurance (BFSI) sector.

The award was handed over by Shyamal Majumdar, editor of Financial Express.

Expressing his happiness Mahabaleshwara said, “As a national level award recognizing leadership in BFSI sector, I am proud to receive this award on behalf of Karnataka Bank and consider it as an acknowledgment of the performance delivered by Karnataka Bank over the years especially after clocking its highest ever annual net profit of Rs 507.99 crores for the year ended 31.03.2022 in spite of COVID 19 affected economy. I dedicate this award to the bank’s board of directors for their valuable guidance and unstinted support and to 8,500 plus staff of the bank, who have been steadfast and resilient in realizing the growth aspirations of the bank."