Home Current Affair March 2020 Prashant Kumar elected as Yes Bank new MD & CEO

Prashant Kumar elected as Yes Bank new MD & CEO


  • The appointment committee of Reserve Bank of India (RBI) has appointed Prashant Kumar as the new MD & CEO of the Yes Bank. Prior to this, he had served as the Chief Financial Officer and Deputy MD of State Bank of India (SBI).
  • While Sunil Mehta has been elected as the Non-Executive Chairman of the Yes Bank, who was served as the former non-executive chairman of Punjab National Bank (PNB).
  • On another hand, Mahesh Krishnamurthy & Atul Bheda both are appointed as the Non-Executive Directors of the Yes Bank.
  • Yes Bank Limited,
    - It is an Indian public-sector bank founded in 2004 by Rana Kapoor and Ashok Kapur. Its HQ is at Mumbai, Maharashtra.
    - It offers a wide range of banking and financial products for corporate and retail customers.

Published On : 16 Mar 2020

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