RBI gives Yes Bank’s CEO pick the green light: Vinay Tonse set for top job
India’s central bank has approved Vinay Muralidhar Tonse as Yes Bank’s new managing director and CEO for a three-year term, pending shareholder approval. Tonse will succeed Prashant Kumar after his term ends April 6. Tonse previously led retail operations at State Bank of India. The appointment follows Sumitomo Mitsui’s 24% stake purchase in Yes Bank last year.
