YES Bank has appointed Manish Jain, Country Head- Wholesale Banking, as an Additional Director and Executive Director (Whole-Time Director) for a three-year term, till December 10, 2027.
In a regulatory filing, the company said that with reference to their earlier intimation dated September 10, 2024, regarding approval of the Board of Directors of the Bank, the appointment of Jain, as an Additional Director, and as an Executive Director was subject to approval of Reserve Bank of India (RBI).
The RBI vide its letter dated December 11, 2024, approved Jain’s appointment. Jain is not related to any other Directors or Key Managerial Personnel of the Bank, and he is not debarred from holding the office of a director, by virtue of any order passed by SEBI or any other such authority.
Jain has been in YES Bank since September, 2023 and spearheads the Corporate and Wholesale Banking business at YES Bank. Prior to approval of the Reserve Bank of India for his appointment as Executive Director, Jain was designated as the Country Head – Wholesale Banking. He will continue to head the Corporate and Wholesale Banking business encompassing the
Bank’s Large Corporates, Emerging Local Corporates, Multinational Corporates, Financial Institutions, Government Banking, Project Finance, Loan Syndication, Transaction Banking, IFSC Banking Unit, Corporate and Government Advisory, Food and Agri Strategic Advisory and Research, Business Economics and Financial Markets.
Jain comes with three decades of work experience which includes more than 23 years with Standard Chartered Bank, where he worked in diverse geographical locations throughout India managing full range of corporate client segments like Large Local Corporates, Strategic Groups, Middle Market Companies, Commercial Real Estate, Multinational Corporates, Financial Institutions, SMEs, Supply Chain Finance and Transaction Banking. Prior to Standard Chartered Bank, he has also worked with Ernst and Young Consulting India, GE India and Maruti Suzuki.
