People on the move:
01 Nov 2004
02 November 2004
V.P. Shetty takes over as CMD, Canara Bank
Bangalore: V.P. Shetty has assumed charge as the new Chairman and Managing Director of Canara Bank.
Shetty, who has been the Chairman and Managing Director of United Commercial Bank, started his career in Canara Bank and later joined Vijaya Bank in 1973. He worked in several capacities in the bank before becoming the General Manager. He later moved to UCO Bank as its Executive Director and later assumed the responsibility of CMD of UCO Bank in October 2000.
Shetty succeeds R.V. Shastri who retired on October 31. Shetty is currently the Deputy Chairman of the Indian Banking Association and on the boards of LIC and Agriculture Finance Corporation.
Purushothaman is President of FHRAI
Mumbai: The Federation of Hotel and Restaurant Association of India (FHRAI) has elected M.P. Purushothaman, Chairman and Managing Director of The Empee Hotels Ltd, as the President for 2004-05.
According to an official release, Purushothaman takes over from Vivek Nair, Managing Director, The Leela Kempinski, on Monday. Prior to this, Purushothaman was the Vice-President of the organisation elected from the southern region.
This will be Purushothaman's second stint as President of FHRAI, having held this position during 2000-01.
