 "YES Bank makes two senior management appointments; stock rises 5.5%")
Private lender YES Bank has appointed Rajeev Uberoi senior group president (governance and control) and Anurag Adlakha senior group president and head of financial management and strategy.
These are the first major appointments after Ravneet Gill became managing director and chief executive officer in the fourth quarter of FY19. Uberoi and Adlakha will report to Gill. The bank has reiterated its financial position is sound and its liquidity and operating performance continue to be robust.The bank is being criticised for its stressed asset portfolio and exposure to struggling non-banking financial companies (NBFCs) and real estate.
YES Bank has
These are the first major appointments after Ravneet Gill became managing director and chief executive officer in the fourth quarter of FY19. Uberoi and Adlakha will report to Gill. The bank has reiterated its financial position is sound and its liquidity and operating performance continue to be robust.The bank is being criticised for its stressed asset portfolio and exposure to struggling non-banking financial companies (NBFCs) and real estate.
YES Bank has
