(January 17, 1922 – 29th May 1981)
He became a Commerce Graduate from Sydenham College, Bombay in 1943.
In 1943, joined Syndicate Bank as Deputy Manager.
From 1944 to 1961 he was the General Manager of the Bank.
1951 to 1956, he was the Member of Madras Legislative Assembly and also of Mysore Legislative Assembly.
1961, he was President of South Kanara District Congress Committee and Member of Mysore PCC and AICC.
1962 to 1964 he was the Managing Director of Syndicate Bank Ltd.
1965, he became the first Chairman of the Food Corporation of India.
In 1966, he rejoined Syndicate Bank as Managing Director and became its Chairman in December 1967.
On March 2, 1970, he was appointed Chairman of the Life Insurance Corporation of India.
1973 to 1977 he was Minister for Heavy Industry. He was holding concurrently Steel & Mines, Science & Technology, Industrial Development & Civil Supplies Port Folios.
In 1977 General Elections to Lok Sabha he was elected from Udupi Constituency with a very large majority.
In 1979 he became Chairman of Public Accounts Committee, Govt. of India.
In July 1979 he became Union Minister for Petroleum, Chemicals & Railways.
Besides he served as a member of several committees appointed by State and Central Governments and also Reserve Bank of India.
2-2-1979 – Director, Premier Automobiles Ltd.
5-2-1981 – Chairman, IC& DS Ltd
Feb. 1980 – Chairman, Canara Milk Producers Cooperative Union Ltd.
Sept. 1980 – Director, Southern Switchgear Ltd. Madras
6-12-1980 – Chairman, Manipal Industries Ltd.
15-4-1981- Chairman, Alpha Systems Ltd.
In 1972 he was awarded “Padma Bhushan“. He relinquished the post of Chairman of L.I.C in March 1972 and became the Rajya Sabha Member in April 1972. He was appointed Minister for Railways in July 1972.
In 1973 he was awarded the degree of D. Lit. by the Karnataka University and in 1975 by Andhra University.
On Friday, 29th May 1981 he passed away.