Yes Bank Limited — Others, 27-11-2024: Change in Management

Mr. Binu Soman has been appointed as Chief Vigilance Officer of YES Bank, effective December 14, 2024, for a term of three years. He succeeds Mr. Sandeep Mehra, who will finish his term as CVO on December 13, 2024, and transition to a new role outside of senior management. Soman, previously Head of Investigations at YES Bank, brings extensive experience in handling investigations and financial crime. This leadership change could enhance the bank's vigilance and compliance framework, positively impacting operational integrity and investor confidence in risk management strategies.