Yes Bank announced the appointment of Manish Jain as its Executive Director (ED) for a term of three years, starting December 11, 2024. This decision has been approved by the Reserve Bank of India (RBI).
Professional Background
Manish Jain joined Yes Bank in 2023 as the Country Head of the Wholesale Banking Group. He brings over 30 years of experience in the Banking and Financial Services sector, having held leadership roles at renowned organizations like:
- Standard Chartered Bank, where he was Managing Director & Co-Head, CCIB Client Coverage for India & Corporates, South Asia.
- Ernst & Young Consulting India, GE India, and Maruti Suzuki, showcasing his expertise across diverse industries.
Role at Yes Bank
As Executive Director, Jain will focus on:
- Overseeing strategic initiatives.
- Expanding the bank’s business across verticals.
- Driving innovation and ensuring operational excellence.
Remarks on the Appointment
Prashant Kumar, Managing Director and CEO of Yes Bank, stated:
“Manish Jain’s extensive experience and exemplary leadership in the banking sector bring invaluable expertise to our organization. His appointment is a testament to our ongoing commitment to enhancing our leadership strength, enabling us to drive strategic priorities with greater agility and focus.”
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Expertise
Manish Jain’s skill set includes:
- Wholesale Banking.
- Investment Banking.
- Transaction Banking.
- Corporate Advisory Services.
He has worked with a broad clientele, from multinational corporations to SMEs, highlighting his adaptability and deep understanding of varied business needs.
Jain’s appointment underscores Yes Bank’s commitment to strengthening its leadership to achieve its strategic goals.
