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Chairman's Desk
Guiding force of the Bank
Personal Profile of Sri.Manam Anjaneyulu
Sri.Manam Anjaneyulu, a journalist, Trade Union Leader, particularly of un organized masses and above all a hard core communist, has taken the reins of administration of Visakhapatnam Co-operative Bank on 29/06/1983.He became a guiding force in developing the Bank from Rs.69,19,000/- deposit base in 1983 to Rs.2119 crores by the end of the year 2014, by virtue of his hard work, vision and leadership. His indomitable spirit made the Visakhapatnam Co-operative Bank Ltd., stand up like a giant in the Urban Banking Sector in the state of Andhra Pradesh expanding a unit bank to 35 branches in a span of 30 years of his chairmanship.
His services all these years are not limited to the Visakhapatnam Co-operative Bank Ltd., alone, but extended to national level Co-operative Urban Banking movement. He was responsible to bring all the bank managements of A.P under one roof, ’A.P Urban & Town Co-operative Banks Association’ in the year 1986, an exclusive state Organization affiliated to National Federation of Co-operative Urban Banks And Credit Societies Limited(NAFCUB).He was general secretary, and now Honorary President of the A.P Co-operative Urban Banks and Credit Societies Association.
He was Director and Vice-President of NAFCUB representing Co-operative Banks at National Level and the latest assignment as Director representing state level organizations. He was in the panel for several committees empanelled by Government including the Experts Committee and TAFCUB in the state of Andhra Pradesh and Member to Advisory Committee, Institute of Co-operative Management, Hyderabad. He authored several articles on different occasions and contributed to different vernacular dailies and magazines. He was a member of 10th A.P State Legislative Assembly. He was uninterruptedly chairman of the Bank ever since he was elected in 1983 to till he had handed over the responsibilities to Sri.CH.Raghavendra Rao. Some period he was also designated as chairman emiritus. He resigned to the post of director on 23.06.2024 and he is a permanant invitee to the Geneal Body of the The Visakhapatnam Co Operative Bank Ltd. He is admired as an icon of cooperative movement.
Chairman
JVS Murthy hails from Visakhapatnam . An Avid reader & Self Educated Individual, Concerned in serving the society, as a public man he plays an active role in addressing community issues, by being an advocate to the needy. He took part in various humanitarian missions. To cite a few , organizied a rally to curb pollution in Visakhapatnam, Observed Passive Resistance Against privatization of Steel Plant, and actively involved in Gangavaram port struggle on behalf of displaced fishermen, and stood against Bauxite mining in tribal areas. He played a Pivotal role in bringing railway zone to Visakhapatnam, by way of acting as Convenor for “Visakha Railway Zone Sadhana Samithi” .And Also served as treasurer for the “Vislandhra Vignana Samithi “ for 5 years ,and also as member for the same for a decade. He is an embodiment of Honesty, Compassion and humanity. Being a close associate to the Former Chairman Sri Manam Anjaneyulu & Chalasani Raghavendra Rao , Sharing their common ideology & True aspirations .His association with The Visakapatnam Cooperative Bank Ltd,. has started from 1987 as a member. And elected as director to the board of directors of The Visakhapatanm Cooperative Bank ltd in 2020.Rose to the rank of Chairman in 2025.