Mangalore, August 4: Vijaya Bank former chairman and managing director B.B. Shetty (77) passed away on August 2nd at midnight 12 ‘o’ clock.
He is survived by his wife Kalavathi B. Shetty and brother Subbayya Shetty.
He had joined Vijaya Bank in December 1975 as Manager at Administrative Office. He was elevated to the post of General Manager in October 1984. Later in the year 1989 he was appointed as an Executive Director of Indian Bank for the period up to June 1992 and before joining Vijaya Bank he was working as Chief Economist in-charge of Planning and Development Department in Central Bank.
He had completed his master’s Degree in Economics, University of Bombay and began his career with the National Council of Applied Economics Research and thereafter was the financial correspondent of Financial Express, Bombay.
Shetty was an examiner for CAIIB examinations. He had Training in India and abroad on banking subjects. He was deputed to attend training and conference at Deutsche Bank in West Germany and Barclays.
By: Sathish Kapikad