Yes Bank Names Sumit Bali as Country Head for Retail Assets and Debt Management
Yes Bank Appoints Sumit Bali
Yes Bank has announced the appointment of Sumit Bali as the Country Head for Retail Assets and Debt Management, effective immediately. This new role emphasizes the bank's commitment to improving its asset management strategies, focusing significantly on rural assets as well.
Key Responsibilities
- Drive strategic growth initiatives.
- Enhance profitability across retail and rural segments.
- Implement best governance practices in asset management.
Speaking on the appointment, Rajan Pental, Executive Director, remarked, “Sumit’s extensive experience and understanding of retail lending will be critical for achieving our sustainability and growth goals.”
Background of Sumit Bali
With over 30 years in the industry, Sumit brings a wealth of experience from leadership roles at Axis Bank, India Infoline Group, and Kotak Mahindra Bank. His expertise will be invaluable as Yes Bank aims for a transformative strategy in the retail sector.
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