Mumbai, India – YES BANK announced the appointment of Manish Jain as Executive Director (ED), effective December 11, 2024. This move marks a significant step in enhancing the bank’s leadership as it focuses on driving growth, innovation, and customer-centricity in the banking sector.
Manish Jain’s Journey at YES BANK
Manish Jain joined YES BANK in 2023 as Country Head of the Wholesale Banking Group, where he played a pivotal role in transforming the Bank’s wholesale banking business. His efforts led to strengthened client relationships, increased profitability, and streamlined operational efficiencies. These accomplishments have positioned YES BANK as a trusted banking partner for corporate clients.
In his new role as Executive Director, Jain will oversee the Bank’s critical strategic initiatives and expand its business across multiple verticals. His focus will include:
- Driving innovation and ensuring operational excellence.
- Strengthening YES BANK’s customer-centric approach.
- Accelerating the Bank’s growth across its corporate and retail banking segments.
Leadership Backed by Extensive Experience
With over three decades of experience in the Banking and Financial Services industry, Jain brings a wealth of expertise to his new role. His previous leadership positions include:
- Standard Chartered Bank: Managing Director & Co-Head of CCIB Client Coverage for India & South Asia.
- Ernst & Young Consulting India, GE India, and Maruti Suzuki: Key strategic roles across consulting, operations, and management.
Jain’s deep understanding of Wholesale Banking, Investment Banking, Transaction Banking, and Corporate Advisory Services has enabled him to deliver value to diverse clients, ranging from multinational corporations to SMEs.
YES BANK’s Leadership Vision
Prashant Kumar, Managing Director and CEO of YES BANK, welcomed the appointment, stating:
“We are thrilled to announce Mr. Manish Jain as Executive Director at YES BANK. His vast experience and exceptional leadership in the banking sector bring invaluable expertise to our organization. This appointment reflects our commitment to enhancing our leadership strength, enabling us to drive strategic priorities with agility and focus. We look forward to his contributions as we chart a sustainable growth trajectory for YES BANK.”
Strengthening YES BANK’s Future
The appointment underscores YES BANK’s commitment to bolstering its leadership team to align with the Bank’s strategic vision. With Jain’s expertise, the Bank aims to deepen its competitive edge, expand its services, and achieve sustained growth in India’s dynamic financial sector.
Key Highlights of the Announcement
- Manish Jain Appointed as ED: Effective December 11, 2024.
- Focus Areas: Innovation, operational excellence, and customer-centric growth.
- Industry Expertise: Over 30 years in banking, with a proven track record in Wholesale and Investment Banking.
- Leadership Strengthened: Reaffirming YES BANK’s commitment to driving sustainable growth.
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