Board Of Directors

Sri. Manam Anjaneyulu,

Chairman Emeritus

Sri. CH. Raghavendra Rao,


Sri. G. Bhaskara Rao
Senior Vice-Chairman

Qualification: B. Com, B.L. He has been practicing as advocate and Notary in Visakhapatnam since 1981. His father late Venkata Ramana served as counselor in Visakhapatnam Municipality for more than 30 years and had the unique honour of heading it as Last Chairman i.e. before it became a full-fledged corporation. Like his father Sri Bhaskar Rao is also a Public figure holding several other positions apart from his main avocation. He is the Panel Advocate for Corporation Bank, IDBI, S.B.I & also DRT Advocate for the above banks. He is also Legal advisor for Vijayandhra vyayaama Mandal, Velampeta and Advisory Committee member for Siva,Anjaneya Temples ,Ganneru Veedhi.He is a Member of B.C.Welfare Association,BAR Association and ISCO Peace Association,Visakhapatnam and also President for Velama Samkshema Sangam for more than 15 Years.He is an active participant of Congress Party. He has been serving as Director of The Visakhapatnam Cooperative Bank since 1986 and as its Vice-President since past eight years. He provides legal advice to the Bank Management on various key issues apart from actively associating himself in all policy decisions.

Sri. M. Raghava Rao

Qualifications B.A., B.L. He is a practicing advocate in Ongole since 1979, served as District Government Pleader Prakasam District during (2005-09) and also as president for District Bar Association in the year 1993. He is Panel Advocate for Several public sector & private Banks and Legal advisor for FCI and Prakasam Milk Dairy. He takes keen interest in Social Activities also. He is a Member of Lions Club, Ongole – Served as its Secretary in 1991), as President in 1993, Zone Chairman in 2001, and District Chairman Lions club International during 2002-12, District Mentor during 2013-14. On the political front, he is a member of Communist Party of India since 1965 – served as Vice-President AIYF, Vice – President AITUC (Ongole Dist). He was a member, PIC Committee Ongole Co-Operative Bank during 2008-11. With his rich experience in the Cooperative Sector, he joined as Director of The Visakhapatnam Co-Operative Bank Ltd. and since 2001 working relentlessly for its growth and development.

Sri.S.Nagabhushana Chowdary

Education Qualification B.Com., A successful business man managing his own businesses, besides taking active interest in politics and social welfare activities. He has been on the Board of The Visakhapatnam Co-Operative Bank Ltd., since 22 years contributing his matured advice and expertise for its smooth functioning.

Sri. A. Joseph Stalin

Qualification B.Sc., B.L. An Advocate with 30 years professional experience, Stalin received felicitation from Chief Justice of High Court for his long and meritorious services. A devoted worker in the Communist Party of India, he served as the Party’s Secretary for Visakhapatnam District. He made persistent efforts for establishment of Civil & Criminal Courts in Gajuwaka. Served as President, Bar Association Gajuwaka, GVMC City Counselor , Gajuwaka Municipality (2000), Corporator in GVMC (2007). Visited important cities in India and submitted papers to GVMC on solid waste management, BRTS road, and JNNURM projects. He has been serving as Director of The Visakhapatnam Co-Operative Bank Ltd., since 1993, attended several management programs and Co-Operative Congress meetings and providing his valuable advices to the Bank on several matters.

Sri. N. Kama Raju

Qualification B.Com., with his acumen for business, he is managing his own businesses i.e., Rice Mill and Cinema Hall in East Godavari District. In addition he has been serving as Director of The Visakhapatnam Co-Operative Bank Ltd., since the past 20 years. As a person with friendly disposition, he maintains good public relations, and instrumental in enrolling many members to The Visakhapatnam Co-Operative Bank Ltd.

Smt. K. Bhavani

She was born in Jeypore, Orissa and completed her entire education there. She has done B.A. (LLB) and practicing as a dedicated and compassionate law practitioner since 1991 in Visakhapatnam. She is a National Trainee in Mediation and Reconciliation. Due to her passion for upliftment of women, she has been conducting legal awareness programs in Slum areas and Villages, working as ‘Legal Aid’ to Pragathi Charitable Trust since 1993 and is an Executive Member for ASR Mahila Bhavan since 1991. Her zeal and enthusiasm towards social service attracted her to The Visakhapatnam Co-operative Bank, where she is providing her expert knowledge as Director since 1997.

Sri. R. V. Jagga Rao, B.A

Education Qualification B.A. He is associated with a number of organizations in the field of Agriculture and working class. He served as Vice-President , Andhra Pradesh Raithu Sangam, President APRS Visakha Dist., Member – All India Kisan Sabha National Council. He is Executive Member in CPI Dist. Committee. He has been on the Board of The Visakhapatnam Co-Operative Bank Ltd., as Director since 1997, actively associating himself in all its programmes and business affairs.

Sri. V. Chandra Sekhar

Born to Prof. V. Bhaskara Rao, a noted geophysicist and Rama Lakshmi, he has the distinction of associating with several professional bodies, educational institutions and financial organizations. Himself a Fellow of Chartered Accountancy, he qualified as Information Systems Auditor – ICAI; ISACA (Illinois, USA - 2002); Concurrent Audit of Banks (ICAI). With his 27 years of Accounting Audit & Taxation experience and expertise in BPO & KPO activities, he has been providing Credit evaluation and Credit processing services to major Banking Institutions & Credit Card operators. Managing his own firm Veeraganta Associates, he actively involved in various other activities as Resource Person, Guest Speaker / Trainer. Served as Past Chairman of Visakhapatnam Branch of ICAI (in 2004), Former Member, Project Director for Development of IT infrastructure and Regular faculty at Visakhapatnam Branch of SIRC of ICAI, Guest faculty for Small Industries Institute (MSMED), Ministry of Industries, Govt. of India, local management institutions, Academic staff college, UGC AU Campus, on the panel of Internal Audit Standards Board of ICAI, The Hindu, National Seminars held by Dept. of Commerce & Management Studies of Andhra University. Member – Financial Advisor of AU; Group study exchange programe of Rotary International visiting USA in 2001. Chaired many seminars at SICASA and presented many papers at All India Student Campaigns. His interests extend to cultural activities also. President & Founder Trustee – “SADYOJATAM” a trust in service of Music and Life Member of Visakha Music and Dance Academy, Visakha Music Academy, Sangeetha Kala Samithi, Ukkunagaram Gana Sabha, A Mason in Grand Lodge of India & ACME Visakha Junior Chamber. He has been on the Board of The Visakhapatnam Co-Operative Bank Ltd., as Professional Director, Member of Audit & investment Committees since 2004 rendering his expert advice.

Sri. G. Janardhana Rao

A retired employee from BHPV, Visakhapatnam. While in service he took active part in Trade Union matters and gained good experience as Trade Union Leader. After retirement, he has been serving The Visakhapatnam Cooperative Bank Ltd., as Director since 2006 and adding his expertise in leadership in the management of the Bank. He has vast contacts in USA thereby using his good will in mobilizing NRI/NRE deposits etc.


Smt. T. Padmavathi

Qualifications M.A., B.Lib.Sc., PG Diploma in IRPM. She worked as Deputy Manager (HR) in the Bharat Heavy Plate and Vessels Ltd. for over three decades. Without confining herself to Government Service alone, she extended her activities for social welfare causes also. She is the President of Ashoka Charitable EYE Hospital, which, it can be proudly said, conducted 50000 free eye operations. She served as Vice – President, Consumer Council of India, Visakhapatnam Branch. She has been on the board of The Visakhapatnam Co-Operative Bank Ltd., as Director since 2008 offering many valuable suggestions in the administrative matters.

Dr. CH. Ramarao

Education Qualification M.S. (Ortho). Practicing as Orthopedic Surgeon since last 10 years in Ramachandrapuram, East Godavari District. He hails from a family of Doctors and leaders. His Grand Father Dr. Ch. Rama Rao was a member of First Parliament of our Country. His Grand Mother Dr. Ch Kamalamma owned in Nursing Home in Ramachandrapuram, His Mother Dr. Ch Renuka Devi as a well known Gynecologist and his father Dr. Ch. Stalin is a General Surgeon & Leader of CPI in his area. With this background, he has been serving as Director of The Visakhapatnam Co-Operative Bank Ltd., since 4 years contributing his valuable ideas and suggestions in the conduct of its affairs.

Sri. CH. Adhinarayana Sastri

Qualification B.Com., M.A. (Public Admin.,), CFA from AMFI. He served and retired from Hindustan Zinc Ltd., While in employment he took active part in several worker related activities. Served in the Hindustan Zinc Co-Operative Society. After retirement from Hindustan Zinc two years ago, he became one of the Directors of The Visakhapatnam Co-operative Bank Ltd., Ever since he has been showing keen interest in its development and introduced several hi-value depositors.

Smt U Parvathidevi

A Post graduate in Science (M.Sc. Maths) from the Andhra University. Smt U Parvathi Devi is a dynamic and young director having good relations with members and customers of the Bank. Her knowledge, approach and service will be very useful in customer relation and business growth of the Bank. She is a good human relationship person. Her interpretation and Mathematical analysis is a guiding factor for the Bank development.

Sri. K Prasadarao

A Law graduate from the Andhra University. He is a practicing advocate and notary at Bobbili since 1982 and is the major instrumentalist in merging the then Bobbili Urban Bank which with the Visakhapatnam Cooperative Bank. On the political front he is the member of the Communist party of India. He has vast experience both in cooperative laws and other civil laws. He is the executive member of the Indian Association of Lawyers for the last 20 years. His rich experience in law and he is always a guiding director in all legal matters of the bank.

Sri S Janaki Ramachandraraju

A retired Naval Officer with vast experience in accounts and administration which is useful for the Bank in the departments of accounts and administration and his useful suggestions in upgrading the bank’s functionalities and business.

Sri P Venkataramana rao

A retired bank officer of the District Cooperative Central Bank having vast experience in Bank credit and recovery of advances. His good experience is useful in Credit growth of the bank and as well recovery of the advances.

Sri. D. Babu Rao
(Co-opted), Director

Born and brought up in rural areas of Andhra Pradesh. Studied post graduation in science from reputed University. With entrepreneurial zeal and business acumen commenced his own industry providing employment to about 200 people. Susi Sea Foods Private Limited 17 years ago, SIONC Pharmaceuticals Private Limited 7 years ago. Besides he actively participates in social life and has good rapport with people of all types. He is an accomplished Business Executive in Banking Industry for more than 20 years. Entrepreneur in aquaculture, hiring large size vessels, and Industrialist in Pharmaceutical having experience for more than 15 years. When the Shrimp industry was on the verge of collapse he applied Turn-around strategy to reawaken the sick shrimp processing Unit. He has specialized in project financing and credit evaluation. An accomplished processor and exporter of aqua products, he has set up his own Contact manufacturing industry for processing of Active Pharma Ingredients (API) to high end customers. Obtained U.S. F.D.A registration and other global certifications for quality assurance in Processing Pharma products for the unit in record time. With his rich experience in diversified areas, he has been serving the Visakhapatnam Cooperative Bank since 7 years offering his expertise for effective running of the Bank.

Dr. Ramamurthy Vidyanadhan
(Co-opted), Director

Doctorate in English Literature Dr. Ramamoorthy Vaidyanadhan is a retired Reserve Bank of India officer (in the capacity of AGM) worked in various departments of Reserve Bank of India and had a good experience in Inspections department especially in Urban Banks. His experience and knowledge is useful in upgrading bank’s performance in quality audit, inspections and vulnerable analysis and suggestions in improving the business growth of the Bank.

Sri. P.V. Narasimha Murthy
Chief Executive Officer

Qualifications: B.Com, PGDCRS. He joined the Bank on 30-7-1984 as Clerk-cum-Cashier. While so, the Bank faced a crucial situation in 2001, when its Secretary Sri Nagaraju expired unexpectedly creating a big void for a suitable person to take up his challenging work. The Bank could ultimately locate such a suitable person in Sri Murthy and he stepped into the shoes of CEO on 7-7-2001. Undeterred by the formidable nature of the task, by sheer dint of confidence and diligence, with his cordial and amenable nature in dealing with others, he could easily accomplish the task assigned to him belying all doubts about his capability. He is the kingpin in the day-to-day operations of the Bank, is the architect who implements the policy decisions taken by the board from time to time, is the warden responsible for carrying-out and adhering to the instructions of RBI, Registrar of Coop Societies, Income Tax Department and other related Government agencies, is the bridge between employees and Management and is the chief correspondent of the bank. Due to his persistent hard work, the bank which was having only ten branches at the time of his taking charge, expanded to a net-work of 35 branches and progressing still further. The deposits which were at Rs.264 crores in 2001, rose to an incredible figure of Rs. 2119crores by Dec’14, and loan disbursements which were at Rs.188 crores augmented to a staggering Rs.1376crores by Dec’14. Without any formal education or training in management Sri Murthy crafted the Bank into one of the Biggest Banks in the Cooperative Sector to-day.