YES BANK announced that the Reserve Bank of India (RBI) has approved the appointment of Mr. Manish Jain as an Executive Director (ED) of the Bank for a period of three years, effective December 11, 2024, further strengthening the Bank’s leadership team.
Mr. Jain joined YES BANK in 2023 as the Country Head of the Wholesale Banking Group. During his tenure, he has played a pivotal role in enhancing the Wholesale Banking business, driving growth, and strengthening client relationships across key sectors. His strategic initiatives have contributed significantly to improving profitability, advancing operational efficiency, and positioning YES BANK as a preferred banking partner in the corporate segment.
In his new role as Executive Director, Mr. Jain will oversee key strategic initiatives and focus on expanding the Bank’s business horizons across verticals, driving innovation, and ensuring operational excellence. His leadership is expected to further accelerate YES BANK’s growth trajectory and deepen its commitment to customer-centricity and innovation.
Mr. Jain is a seasoned professional with over three decades of experience in the Banking and Financial Services industry. He has held leadership positions at several reputed organisations, including Standard Chartered Bank, where he served as Managing Director & Co-Head, CCIB Client Coverage for India & Corporates, South Asia. His career journey also includes roles at Ernst & Young Consulting India, GE India, and Maruti Suzuki, showcasing his versatility and depth of expertise across various sectors.
On the appointment, Mr. Prashant Kumar, Managing Director and CEO, YES BANK, said, “We are elated as we welcome Mr. Manish Jain who takes over as the Executive Director at YES BANK. His extensive experience and exemplary leadership in the banking sector bring invaluable expertise to our organisation. Mr. Jain’s appointment as Executive Director is a testament to our ongoing commitment to enhancing our leadership strength, enabling us to drive strategic priorities with greater agility and focus. We look forward to his contributions as we continue to chart a sustainable growth trajectory for YES BANK.”
His professional proficiency spans Wholesale Banking, Investment Banking, Transaction Banking, and Corporate Advisory Services. Over the years, Mr. Jain has worked extensively with a diverse clientele, ranging from multinational corporations to SMEs, consistently driving value and fostering growth through his strategic insights and leadership.