YES Bank has appointed its current CFO, Anurag Adlakha, as CHRO of the company, while elevating its Head of Strategy, Sustainability & Investor Relations, Niranjan Banodkar, as CFO, effective from January 1, 2021, the statement said.
Adlakha would take over from Deodutta Kurane, who would be retiring from his position as CHRO, the statement said.
Banodkar, who has been associated with YES Bank since 2006, was in October 2020 elevated to the position of Head – Strategy, Sustainability & Investor Relations.
Commenting on the development, Prashant Kumar, CEO & MD, YES Bank, said, “A bank’s Human Resources are its most valuable assets and as we look to further strengthen our People related policies and practices, I am pleased that Anurag Adlakha will be leading this transformation at YES Bank.”
Kumar further said, “Anurag is a seasoned Banker and has been a CXO with reputed banks for over two decades. He has also had a ringside view of the developments at Yes Bank over the past year and a half.”
Speaking further on the appointments, Kumar noted, “Niranjan Banodkar, currently Head of Strategy will take over as Group CFO. Niranjan is a Chartered Accountant with 17 years of experience and has been associated with YES Bank for the past 15 years. He was very closely involved with YES Bank’s successful FPO earlier in the year. His appointment is a testimony to the deep talent pool that is available to YES Bank.”
Kumar added, “I am very confident that both these appointments will significantly benefit YES Bank.”
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