Mumbai, February 2023: YES BANK announced that the Reserve Bank of India (RBI) has approved the appointment of Mr. Rajan Pental as an Executive Director of the Bank for a period of three years w.e.f. February 2, 2023.
Mr. Pental has been a part of YES BANK since November 2015, and is currently serving as the Global Head of Retail Banking group. He has been responsible for building a strong Retail portfolio for the Bank that includes – Branch Banking, Retail, Affluent Banking, NRI Banking, Retail Assets, SME Banking, Rural & Agriculture Banking, Third Party Distribution, Marketing & Corporate Communication, Retail Collections, Retail Legal, Retail Service Excellence & Customer Experience, Liabilities Product Management, Credit Cards and Merchant Acquisition. He is also on the Board of YES Securities, a wholly owned subsidiary of the Bank.
In addition to his appointment as an Executive Director, Mr. Pental will continue to spearhead the Bank’s Retail Banking portfolio.
Commenting on the appointment, Mr.Prashant Kumar, MD & CEO, YES BANK said, “I take this opportunity to congratulate Mr. Pental on his appointment as Executive Director of the Bank. Mr. Pental has been instrumental in building a robust retail franchise for the Bank which we, as an organisation, are extremely proud of. Given his rich experience within the financial landscape, I am sure he will continue to steer the Bank towards newer growth horizons.”
About YES BANK
YES BANK is a ‘full service commercial bank’ providing a complete range of products, services and technology driven digital offerings, catering to Retail, MSME as well as corporate clients. YES BANK operates its Investment banking, Merchant banking and Brokerage businesses through YES Securities, a wholly owned subsidiary of the Bank. Headquartered in Mumbai, it has a pan-India presence including an IBU at GIFT City, and a Representative Office in Abu Dhabi.