A function was organised by the State Forum of Bankers’ Clubs Kerala to honour M.V.Nair, former Managing Director of Union Bank of India, with the lifetime achievement award on Tuesday that bankers can make a difference in the life of people such as farmers and entrepreneurs. Mr.Nair, who had been at the helm of affairs of Indian Banks’ Association (IBA), said wage negotiations were testing times and he was guided by the perception that payment should be good to attract best talents.
Lending to productive sectors to keep the wheels of economy on during economic downturn was another major decision taken during his tenure. True leadership at every level of society contributes to the success of the country as a whole, he said.
Shyam Srinivasan, Managing Director of Federal Bank, said Mr.Nair had left an indelible mark in the banking field. V.A. Joseph, Managing Director of South Indian Bank, also lauded the services of Mr.Nair. Abraham Tharian, L.R.Ramachandra Warrier and K.U. Balakrishnan spoke on behalf of the organisers.
