• Published on 20 April 2017
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Yes Bank appoints Manavjeet Singh as senior president

Yes Bank has announced the appointment of Manavjeet Singh as Senior President. He will be responsible for further developing the Retail Banking Business Consumer Finance Business as well as implementing Yes Bank’s Inclusive & Social Banking goals in line with the Bank’s strategy and Version 2.0 objectives.

Manavjeet brings with him over twenty years of experience in the Banking & Financial Services sector. Prior to joining Yes Bank, he was associated with SREI BNP Paribas as President, Infratech Finance, where he spearheaded the Infrastructure Financing division focusing on sectors like Technology, Education, Power & Renewable Energy etc. Prior to SREI BNP Paribas, he was the Country Head - Reliance Consumer Finance, and was instrumental during the start up stage as well as in the launch of various verticals including mortgages, vehicle finance, SME, Microfinance and unsecured businesses including cards. He has also worked in leadership roles at HDFC Bank, SBI Mutual Fund and Citicorp Finance.

He is a Bachelor of Commerce and is an MBA in Business Management.As part of Version 2.0 strategy, Yes Bank is steadily entering into the Retail Banking Segments, by offering a wide suite of competitive products including secured/ unsecured business loans, working capital finance, Trade & CMS and complementary products including CV finance, Secured Personal Loans, LAP, LAS, Credit Cards, amongst others gradually.

Yes Bank will be significantly focusing on its plans to increase the branch count to 250 branches by June 2011, and 750 branches by March 2015. Along with the expansion of branches, the Bank will also set up an extensive ATM network - 1200 ATMs by March 2012 and 3000 ATMs by 2015.

Re-disseminated by The Asian Banker from Indiainfoline.com