The Hindu : National : RBI CGM dead

Online edition of India's National Newspaper
Monday, Apr 19, 2004

National

National

RBI CGM dead

By Our Special Correspondent

CHENNAI, APRIL 18. The Chief General Manager (CGM) of the Reserve Bank of India's regional office in Chennai, Michael Devasahayam, died in Mumbai today following a massive heart attack.

He had gone to Mumbai to attend a routine meeting of Chief General Managers, scheduled for tomorrow.

He reportedly collapsed in the car while on his way from Santa Cruz airport to his place of stay in

Mumbai. He was immediately taken to the Gurunanak Hospital where he was declared dead by the doctors. He had just over a year to go for retirement.

Prior to his present stint at Chennai, he was in Thiruvananthapuram and Mumbai. He had served at varied other places, including Bhopal and Kolkata during his tenure with the apex bank.

A spokesperson of the RBI in Mumbai termed the demise as "unfortunate.''

According to B. Ghosh, regional director of the bank in Chennai, his body will be flown to Thiruvananthapuram tomorrow on way to Tirunelveli in Tamil Nadu, his native place, for funeral.

He was an excellent football player and represented the RBI team. He was also interested in many other games and cultural activities. He had a western music orchestra in Mumbai where he served in the RBI for a number of years. He was a faculty member at the RBI Staff College in Chennai and was, in fact, a popular and most-sought-after teacher.

Mr. Devasahayam, according to Mr. Ghosh, was a jovial person and well-liked. He joined the bank as a clerk and rose to the top cadre position of the Chief General Manager.

He is survived by his wife and son.

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