Mangaluru: Canara bank’s executive director PV Bharathi, on Friday took charge as the new Chief Executive Officer (CEO) cum Managing Director of the bank, becoming the first woman to lead the bank as the CEO.

Bharathi brings 37 years vast experience in banking sector, wherein she has covered a vast spectrum of banking operations since her entry into the banking industry in 1982.

She joined Canara bank in 1982 as an officer and went on to hold several key positions of the bank in branches and administrative departments across India and Hong Kong.

On September 15, 2016, she was elevated as the executive director of the bank, and was responsible for key affairs of the bank including Human Resources, Retail Banking, Recovery, Risk Management, credit monitoring, International banking, audit and inspection, Information and Technology among others.

A post graduate in Arts, (Economics), Bharathi has also attended several training programmes at some of the most reputed institutes. She has completed an integrated course on banking and finance from NIBM Pune, and is a certified Associate of Indian Institute of Bankers.

Bharathi, over the years has carved a reputation for herself in the banking industry, for her practical approach, quick decision and leadership skills.

Her appointment was announced earlier in December last year, following which she took over the charge on Friday February 1 and will remain on the post till march 31, 2020 the date of her superannuation.

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Srinagar (PTI): A fire broke out in a five-storey commercial building near the Lal Chowk city centre here on Saturday, but was doused before it could spread in the congested business hub, officials said.

They said firefighters recovered 19 gas cylinders during the operation and there were no casualties in the incident.

Assistant Director, Fire and Emergency Services, Aqib Mir, said, "The fire originated from the attic portion of the building, which houses the kitchen of a restaurant. The cause of the fire is being ascertained."

"The attic was severely damaged. There were no casualties," he said.

The firefighters managed to contain the damage by swiftly dousing the blaze using a hydraulic platform, Mir said.

During the firefighting operation, 19 gas cylinders were recovered from the spot, he said.

"We have informed the concerned police station," he added.

Mir appealed to people not to store combustible substances at home or commercial places.