Yes Bank Limited has informed the Exchange about change in Management
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Yes Bank has informed the stock exchanges that Mr. Sanjiv Roy, Country Head Fee Based Products, has resigned from the Bank. He tendered his resignation on April 3, 2025, and was relieved from his duties at the close of business hours on June 3, 2025. Mr. Roy cited personal career aspirations and opportunities outside the bank as the reason for leaving. He had been with Yes Bank for over 6 years, during which his unit reportedly delivered over 40% CAGR fee growth over the last 5 years. The disclosure is being made under SEBI Listing Regulations and includes his resignation letter as an annexure.
This is a senior-level but not top leadership departure, so the immediate impact on the stock is likely limited. However, losing a long-tenured senior manager who drove strong fee growth could create a short-term succession gap in the fee-based products business, which investors should watch for any new appointment announcement.