Allen Pereira was the Chairman and Managing Director (CMD) of Bank of Maharashtra at a critical time when the housing bubble had created a panic in the United States and its impact was felt in the global stock market, including India in late 2008 and early 2009. He was also responsible for making the bank make rapid strides with pan India presence, at the end of 18 months at the helm of affairs.
Early life
Born in Mangalore, his father William Pereira worked in Qatar for a premium company. His mother Brijite Pereira is residing in Kulshekar, Mangalore.
Career
Having started his career as a Specialist Officer in Syndicate Bank in 1973, he served the bank in various capacities. He joined Syndicate Bank as an officer in the Industrial Relations department and served in different branches of the bank in various capacities. He volunteered to go out of the state as branch manager to a rural branch in Goa . In 1993 Allen became the Chief Manager of the Delhi branch which saw the bank’s business go up to Rs. 300 crores from Rs. 46 crores. He was also able to procure a major World Bank project to Syndicate Bank. Known for his persuasive skills he was selected as the Personnel Advisor of Indian Bank Association (IBA) and was chosen to represent the IBA for wage negotiations with the unions. He is also the brain behind the Bank Olympiad (now defunct), to bank employees in the year 2002. Before taking over as CMD of Bank of Maharashtra, Pereira was the Executive Director of Oriental Bank of Commerce.
Under his experienced guidance and stewardship, Bank of Maharashtra has embarked on major plans that include 100 percent core banking, providing technology-based products and services, SMS-enabled banking services, introduction of payment of utility bills, reservation of rail and air ticket facility, D Mat facility for those interested in investing in shares, E-trading facility, payment of LIC and General Insurance premiums.
Born in Mangalore, his father William Pereira worked in Qatar for a premium company. His mother Brijite Pereira is residing in Kulshekar, Mangalore.
Career
Having started his career as a Specialist Officer in Syndicate Bank in 1973, he served the bank in various capacities. He joined Syndicate Bank as an officer in the Industrial Relations department and served in different branches of the bank in various capacities. He volunteered to go out of the state as branch manager to a rural branch in Goa . In 1993 Allen became the Chief Manager of the Delhi branch which saw the bank’s business go up to Rs. 300 crores from Rs. 46 crores. He was also able to procure a major World Bank project to Syndicate Bank. Known for his persuasive skills he was selected as the Personnel Advisor of Indian Bank Association (IBA) and was chosen to represent the IBA for wage negotiations with the unions. He is also the brain behind the Bank Olympiad (now defunct), to bank employees in the year 2002. Before taking over as CMD of Bank of Maharashtra, Pereira was the Executive Director of Oriental Bank of Commerce.
Under his experienced guidance and stewardship, Bank of Maharashtra has embarked on major plans that include 100 percent core banking, providing technology-based products and services, SMS-enabled banking services, introduction of payment of utility bills, reservation of rail and air ticket facility, D Mat facility for those interested in investing in shares, E-trading facility, payment of LIC and General Insurance premiums.
In a career spanning 34 years in banking service, Allen has held important positions part from managerial positions in branches like Advisor for Personnel and Industrial Relations to the Indian Bank Association. He was also the Secretary/Chief Executive of the Banks’ Sports Board, the policy making body in Indian Banks’ Association for promoting sports in Banks.
Personal life
Allen likes reading, and also plays violin and harmonium, and likes listening to western instrumental and light numbers that includes Kenny Rogers, Don Denver and Elvis Pressley. His wife, a PG in Social Work specialized in Child and Family Welfare. She gave up her lucrative job in KMC to devote more time to their two children during their growing days. His son studied in Little Rock Brahmavar and was a National Talent scholar. He did his B E from NITK and is working in Atlanta, USA. Daughter also did her Engineering in Electronics and is employed in TCS Mumbai. Allen is also a philatelist and has a penchant for collecting a variety of pens.
Parera Sir, is also the Director at National Institute of Bank Management (formed by the RBI) based in Pune.
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