South Indian Bank excellence awards for five Keralites

February 9th, 2009 - 4:33 pm ICT by IANS  

Thrissur (Kerala), Feb 9 (IANS) Kerala-based private lender South Indian Bank (SIB) will honour five “globally acclaimed” Keralites for their life-time contributions to various fields, it was announced Monday.

K.M. Cherian (heart surgeon), Adoor Gopalakrishnan (film maker), Verghese Kurien (architect of India’s white revolution), K.J. Yesudas (singer) and Yusuff Ali (businessman) will receive ‘SIB Excellence Awards’ from actor Mammootty, who is the brand ambassador of the bank.

The five awardees would receive a cash prize of Rs.100,000 each at a function here Thursday, the bank said in a statement.

“We do hope that our youngsters would derive motivation from these great personalities,” SIB managing director and chief executive V.A. Joseph said.

According to the bank’s growth plan, SIB would have business worth Rs.750 billion (Rs.75,000 crore), a total of 7,500 employees and 750 bank branches by 2013.

SIB’s net profit for the nine months ended December 2008 reached Rs.1.44 billion (Rs.144.50 crore), recording a 35.32 percent growth.

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