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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Bagalkote (Karnataka) (PTI): Three people were killed and one person seriously injured in a head-on collision between two trucks in this district, police said on Wednesday.

The deceased have been identified as Mallikarjun (22), Revanasiddappa (20), and Suresh (33), while the injured has been named Ramesh (22), police said.

The accident occurred on the night of Tuesday and Wednesday near Bantanur Cross in Mudhol taluk, when a bulk carrier transporting cement collided with another truck, causing one of the vehicles to be crushed under the impact.

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The collision forced the bulk carrier to topple and become mangled, police said.

Two of the truck’s occupants—the driver and his helper—died on the spot, along with the driver of the cement-laden bulk carrier, Bagalkote Superintendent of Police Siddharth Goyal said.

Police, with the help of a JCB, removed the damaged vehicle to rescue the trapped occupants.

The lone survivor, who sustained grievous injuries, was shifted to a hospital for treatment and is under observation, police added, noting that further investigation is underway.