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YES BANK announces appointment of 3 top leaders to augment Operational Excellence & further scale up the Retail Banking franchise - Core Sector Communique

YES BANK announces appointment of 3 top leaders to augment Operational Excellence & further scale up the Retail Banking franchise

yesbank

  •  Appoints new Chief Operating Officer (COO) to lead Bank Wide Operations & Service Delivery

 

  • Key Two Top Management appointments to focus on Retail Banking & Business Banking Risk Management and scaling up Retail Banking Assets Businesses

Mumbai, December 22, 2015: Subsequent to announcing a redesigned Organizational Structure on September 1, 2015, YES BANK has appointed 3 top management leaders towards accelerating its Retail & MSME Focus including a new Chief Operating Officer (COO) to further augment its Bank wide Operational Service Delivery. These incremental top management leaders will provide the necessary leadership coverage to the existing Human Capital resources of the Bank.

These appointments are in accordance with YES BANK’s Vision of building a robust Retail & MSME lending franchise, with considerable scale and granularity in its Advances portfolio as YES BANK grows from 700 branches as of Sep 30, 2015 to over 1500 branches by March 31, 2018 and 2,500 branches by March 31, 2020. YES BANK’s Retail & MSME lending advances currently constitute 31.8% of its overall loan book.

In accordance with these objectives, YES BANK has appointed 3 highly experienced top management leaders with a proven and demonstrated track record of building Large Scale Retail franchises in India’s leading Private Sector LARGE Banks.

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