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Meet Prashant Kumar, SBI veteran asked to steer Yes Bank in rough seas

Kumar's mettle was tested in field while leading Kolkata circle as chief General Manager and as general manager in erstwhile Maharashtra and Goa circle.

Prashant Kumar, Administrator of Yes Bank | Photo: Kamlesh Pednekar
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Prashant Kumar, former SBI CFO & administrator of Yes bank | Photo: Kamlesh Pednekar

Abhijit Lele
With just a few months remaining in his last assignment of managing the books of the country's largest bank, Prashant Kumar was preparing for a life beyond State Bank India. Destiny, however, had something else in store for Kumar, when the Reserve Bank of India appointed him administrator of Yes Bank, which is under moratorium.

Was this assignment a reward for the critical role he played in making SBI’s balance sheet healthy and for the effective integration of six banks with SBI? Perhaps.

His blend of experience as chief development officer and head of the human resource function since January