Tag: Yes Bank

Yes Bank appoints Tushar Patankar as Chief Risk Officer

Private lender Yes Bank Limited announced the appointment of Tushar Patankar as Chief Risk Officer, with effect from December 1, 2023. According to the company’s exchange filing, “Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations’), we wish to inform you that the Board of Directors of…

Yes Securities appoints Pankaj Adhav as SVP – HR

Yes Securities, a wholly-owned subsidiary of Yes Bank, has appointed Pankaj Adhav as Senior Vice President – Human Resources, according to ETHRWorld report. “I’m happy to share that I’m starting a new position as Senior Vice President Human Resources at Yes Securities!” Adhav shared in a LinkedIn post. Prior to joining Yes Securities, Adhav was…

YES Bank appoints Manish Jain as Country Head – Wholesale Banking

YES Bank announced the appointment of Manish Jain as Country Head – Wholesale Banking, with effect from September 27, 2023. According to the company’s exchange filing, “Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations’), we wish to inform you on the changes in SMP of the…

YES BANK appoints Archana Shiroor as CHRO designate

YES BANK announced the appointment of Archana Shiroor as the designate Chief Human Resources Officer (CHRO) of the bank. She will succeed Anurag Adlakha, who is set to superannuate in June 2023. In her new role, Shiroor will lead the Human Resources function at YES BANK and will be instrumental in driving the bank’s people strategy.…

Rajan Pental appointed as Executive Director of YES BANK

YES BANK announced that the Reserve Bank of India (RBI) has approved the appointment of Rajan Pental as an Executive Director of the Bank for a period of three years w.e.f. February 2, 2023. Pental has been a part of YES BANK since November 2015, and is currently serving as the Global Head of Retail…

J.C. Flowers completes acquisition of nonperforming assets from YES BANK in India

J.C. Flowers & Co. LLC (J.C. Flowers), a private investment firm dedicated to investing globally in the financial services industry, announced that the J.C. Flowers Asset Reconstruction Company (the ARC) has completed the purchase of a pool of nonperforming assets (NPAs) with a principal balance of 480 billion rupee (approximately $6 billion) from YES BANK, a Mumbai, India based bank.…

Yes Bank appoints Rama Subramaniam Gandhi as part-time Chairman

Yes Bank Limited announced the appointment of Rama Subramaniam Gandhi as Part-time Chairman on the company’s Board, with effect from September 20, 2022. According to the company’s exchange filing, “We are pleased to inform that as recommended by the Board of Directors of the Bank, the Reserve Bank of India (“RBI”) vide its letter dated…

Yes Bank appoints Atul Malik and Rekha Murthy to its Board

Yes Bank announced the appointments of Atul Malik and Rekha Murthy to it Board, effective August 30, 2021. According to the bank’s exchange filing, “This is to inform you that as permitted under Clause 5(5) of the ‘Yes Bank Limited Reconstruction Scheme, 2020’ notified by the Ministry of Finance, Government of India vide notification No.…

Yes Bank Company Secretary Girish V Koliyote resigns

Yes Bank announced that Girish V. Koliyote has resigned from the role of Company Secretary & Compliance Officer, effective from 08 October, 2021. According to the bank’s exchange filing, “This is to inform you that Girish V. Koliyote, Company Secretary and Compliance Officer of the Bank, has informed the Bank that he would like to…

Gurugram-based startup Origo Commodities raises Rs 75 cr debt funding from Yes Bank

Origo Commodities, an agriculture supply chain and trade finance startup which manages warehousing assets spread across 12 Indian states, has announced raising Rs 75 crore of debt financing from Yes Bank. The startup will utilise the fund raised for improving the services and structures within the agricultural ecosystem.  The agritech player also hopes to unlock…

YES Bank appoints Anurag Adlakha as CHRO, Niranjan Banodkar named new CFO

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.…

Prasanth Prabhakaran named MD & CEO of YES Securities

YES Securities, a wholly owned subsidiary of YES Bank Ltd., has announced the elevation of Prasanth Prabhakaran as the Managing Director and Chief Executive Officer (MD & CEO) of YES Securities, effective immediately. Most recently, Prabhakaran was the Joint MD & CEO, YES Securities, where he was spearheading the Wealth Broking & Investment Advisory and…

Yes Bank partners with Salesforce to accelerate retail growth

Yes Bank has announced a collaboration with Salesforce, the global leader in Customer Relationship Management, to build a next generation technology platform to power the retail lending business, in line with the Bank’s strategy to further scale up its retails assets portfolio.  Leveraging on the strengths of Yes Bank’s technology capabilities and Salesforce’s platform, this…