RBI approves Vinay Tonse as new MD and CEO of Yes Bank
YESBANK · price
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RBI has approved the appointment of Mr. Vinay Muralidhar Tonse as MD and CEO of Yes Bank for 3 years from the date of taking charge, subject to shareholder approval. Mr. Tonse was previously MD (Retail Business and Operations) at State Bank of India till November 30, 2025. Current MD and CEO Shri Prashant Kumar is in his extended term. The bank had sought new leadership keeping his preferences and growth needs in view.
External CEO hire from SBI brings experienced banking leadership; orderly succession supports stability and continuity for shareholders.