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The board of Yes Bank will meet on 17 July to approve the financial results for the quarter ended 30 June, 2019 (Bloomberg file)
The board of Yes Bank will meet on 17 July to approve the financial results for the quarter ended 30 June, 2019 (Bloomberg file)

Yes Bank announces senior-level appointments

  • Rajeev Uberoi appointed as as senior group president, governance and controls
  • Anurag Adlakha takes over as senior group president and head, financial management and strategy

Mumbai: Yes Bank on Monday announced the appointment of Rajeev Uberoi as senior group president, governance and controls, and Anurag Adlakha as senior group president and head, financial management and strategy.

Uberoi, who was formerly in charge of legal and audit at IDFC Bank, will be responsible for management governance, compliance, vigilance, legal (general counsel), company secretarial and control functions at Yes Bank.

Adlaka, who was the CFO for Jana Small Finance Bank, will be responsible for driving the financial performance of Yes Bank.

Both the senior officials will report directly to Ravneet Gill, the bank’s managing director and chief executive officer, the bank said in a press release.

The board of directors of Yes Bank also clarified that the lender’s financial position was “sound and stable", and its liquidity and operating performance continued to be robust. The board will meet on 17 July to approve the financial results for the quarter ended 30 June, 2019.

The bank also refuted “unfounded speculation about the bank’s Board & management stability, asset portfolio, future growth prospects amongst other things".

At 11:45 am, shares of Yes Bank were trading 93.40 on the BSE.

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