H.S.U. Kamath takes charge as Chairman & MD of Vijaya Bank

April 1, 2011
kamath

Mangalore, April 1: H.S.Upendra Kamath assumed charge as the Chairman & Managing Director of Vijaya Bank on Friday, April 1.



Prior to taking charge, Kamath was Executive Director in Canara Bank. He has been a professional banker for over 37 years who started his banking career in Union Bank of India, where he worked in various capacities across the country.



Widely traveled within and outside the country, Kamath is known for his expertise, especially in Treasury & International Operations, Corporate Finance, and SME Finance & Risk Management. He was a member of important Committees of RBI / IBA viz., working group on Benchmark Prime Lending Rate, Committee on Retail Banking etc., He was in the delegation which represented India along with the President of India during her visit to China in 2010.


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News Network
December 29,2024

Mangaluru: Karnataka Legislative Assembly Speaker and Mangalore MLA U T Khader announced two ambitious bridge projects sanctioned by the Cabinet for Mangalore constituency, aimed at reducing traffic congestion on NH 66 and promoting tourism in the region.

A new bridge, parallel to the Nethravathi bridge, will connect Kotepura to Bolara at an estimated cost of ₹200 crore. Spanning 1.5 km, it will be one of the longest bridges in the region. A consultant appointed by the Public Works Department (PWD) is currently preparing the Detailed Project Report (DPR). Khader explained that Kotepura, once a hub of business activities before the construction of the Nethravathi bridge, will regain its prominence with the new project.

“The 12-meter-wide bridge will offer breathtaking views of the Arabian Sea, designed to enhance the experience for commuters. Once completed, it is expected to reduce 50% of the traffic on NH 66 via Pumpwell, as residents from areas like Bunder, Kudroli, and Bolar will use this route. Additionally, plans are underway to develop a scenic seaside road from Kotepura to the Kerala border, boosting tourism,” Khader elaborated.

The second bridge, connecting Sajipa Nadu to Thumbe at a cost of ₹62 crore, is set to benefit residents from Arkula, Meramajalu, and Thumbe. Presently, residents from Sajipa must travel via Melkar and Bantwal to reach Thumbe. “This bridge has been a long-standing dream of mine, and I had placed the proposal before the Chief Minister even before becoming the Speaker,” he added.

Addressing concerns about the difficulty faced by residents crossing the railway line between Thokkottu and Olapete, Khader revealed that a footbridge has been proposed, and funding is ready, awaiting railway approval.

On other topics, Khader responded to a query about the Special Investigation Team (SIT) probing allegations against RR Nagar BJP MLA Munirathna. He stated that the matter would be discussed with the Assembly secretary. Regarding an MLC C T Ravi's controversial remark, Khader expressed regret and assured that the Council Chairman would address the issue.

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News Network
January 9,2025

Mangaluru: Establishing a Beary Development Corporation is a valid demand, but its implications must be carefully studied, remarked Speaker UT Khader. He proposed forming an expert committee to evaluate the corporation’s potential impact on the Beary community during a district-level conference of the Beary-speaking community, organized by the Akhila Bharata Beary Mahasabha at Kudmul Ranga Rao Town Hall on Wednesday.

Khader expressed concerns over inefficiencies in existing government-established corporations, such as unfilled leadership positions, lack of appointed members, and insufficient funding. “The Beary Development Corporation must avoid similar pitfalls,” he emphasized. He noted that the Minorities Development Corporation already provides various schemes for Beary Muslims, urging a detailed assessment to ensure the new corporation’s funding does not fall short of current provisions, which could disadvantage the community.

Praising the industrious and self-respecting nature of the Beary community, Khader highlighted the respect Beary elders once commanded in villages. He encouraged the youth to uphold this legacy and actively contribute to the community’s progress. Additionally, he commended the Beary youth for their swift and dedicated responses during emergencies, which have garnered widespread recognition.

Khader underscored the importance of unity, cautioning against fostering divisions within the community. He also stressed the critical role of education in development, urging the maintenance of detailed records for SSLC and PUC students to track progress.

The event was presided over by Azeez Baikampadi, president of the Akhila Bharata Beary Mahasabha. Among the dignitaries present were former MLA Mohiudeen Bava and retired police officer GA Bawa. Dr. UT Ifikhar Ali Farid, honorary president of the Akhila Bharata Beary Mahasabha and chairman of the Karnataka State Allied and Healthcare Council, was felicitated during the program.

In notable initiatives, Kanachuru Monu, chairman of Kanachuru Medical College, unveiled the Mahasabha’s new website, while Sheikhabba Karnire of Expertise Company, Jubail, launched an IAS-IPS program aimed at empowering the Beary community.

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News Network
January 8,2025

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Mangaluru, Jan 8: The serene beaches near Kulai Jetty under the limits of Surathkal police station turned into a scene of tragedy on Wednesday, January 8, as a group of four close friends saw their day of joy morph into heartbreak. 

Three young men lost their lives in the unforgiving waves, while one narrowly escaped death, saved by the heroic efforts of local fishermen.

The victims have been identified as: 

M. S. Manjunath (31), son of Shivlingappa, hailing from Upparigenahalli, Chitradurga district.

Shivakumar (30) from Shivamogga district.

Satyavelu (30) from JP Nagar, Bengaluru.

The sole survivor, Parameshwara (30), from Hangarga, Bidar district, now carries the weight of a harrowing ordeal and the devastating loss of his three closest friends.

These young men, all students of AMC Engineering College in Bengaluru, had embarked on a trip meant to create memories of joy and camaraderie. Driving overnight from Bengaluru, they reached Mangaluru on Wednesday morning. After breakfast at a local eatery, the group decided to visit the picturesque Kulai Jetty, seeking solace and adventure in the sea.

But their joyful outing took a tragic turn. While playing in the water, the four were caught in strong currents. Despite the swift intervention of local fishermen, only Parameshwara could be rescued in time. The lifeless bodies of Manjunath, Shivakumar, and Satyavelu were later found on the right side of the jetty, their dreams and futures cruelly cut short.

The Surathkal police, alerted to the incident, promptly arrived at the scene and began their investigation. The bodies were transported to AJ Hospital for post-mortem examinations, leaving their families and friends to grapple with the enormity of their loss.

A case has been registered at Surathkal Police Station. This incident serves as a stark reminder of the unpredictable and dangerous nature of the sea, urging visitors to prioritize safety above all else.

What was meant to be a day of joy has left a void that can never be filled, as three grieving families now face the unbearable pain of losing their loved ones.

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