Yes Bank Limited has informed the Exchange about Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Change in Senior Management Personnel (SMP) of the Bank
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Yes Bank has informed the stock exchanges that Mr. Akshay Sapru, Country Head of Private Banking, Liabilities Products and Spectrum Banking, has resigned from the bank. He tendered his resignation on April 3, 2025, citing personal career aspirations and opportunities outside the bank, and was formally relieved effective close of business on June 4, 2025. He had been associated with Yes Bank for close to 12 years. The disclosure is being made under SEBI Listing Regulations and includes his resignation letter as an attachment. There is no indication of any governance issues or conflict behind the departure.
This is a routine senior-level exit from the private banking vertical and is unlikely to materially impact the bank's operations or stock price. Investors may note the departure of a long-tenured senior leader, but the resignation appears amicable and driven by personal career goals.