Kamath takes over as ED, Bank of India

K R Kamath assumed the charge as the executive director recently. Earlier he was general manager in Corporation Bank since 2002, in charge of Information Technology, Information Security, Management Information System and Integrated Risk Management.

He is a Certified Associate of Indian Institute of Bankers. He was promoted to executive cadre in 1994 and was posted as regional manager for Collection And Payment Services, (CAPS) a 'specialised business unit' set up on an experimental basis by the Bank. Contribution of Kamath in building a strong team, spearheading the marketing activities of CAPS and positioning CAPS as the flag ship product of the Bank, has earned him special recognition.

During his tenure in Information Technology Division in Corporation Bank, Kamath was responsible for 100 per cent automation of the branches, migration of about 88 per cent of business to Core Banking Solution, positioning the 900 strong ATM network of the Bank, putting in place Wide Area Network of the bank, introduction of Internet Banking and implementing the Information Security System.

Kamath has to his credit several corporate awards instituted by the bank such as, Super Productivity Award, SOGian Award, Chairman's Club Membership and Regional Leadership Award.