Yes Bank appointed Sumit Bali as the Country Head of Retail Assets and Debt Management that is effective instantly. Bali will lead the bank’s initiatives to expand its retail and rural assets and oversee debt management strategies.
Bali, a veteran with over 30 years of experience in retail lending and collections, has held senior leadership roles at prominent institutions such as Axis Bank, India Infoline Group and Kotak Mahindra Bank. His experience and knowledge of the retail assets sector are expected to be vital as Yes Bank seeks to achieve sustainable growth and strengthen its market position.
Speaking on the appointment, Rajan Pental, Executive Director, Yes Bank, said, “Sumit Bali’s experience and understanding of retail assets, rural assets and debt management will be instrumental in driving our strategic goals. As we continue to focus on sustainable growth and building a robust assets business, I am confident that Bali’s leadership will be pivotal in achieving our objectives and reinforcing our position as the Bank of Choice across all customer segments.”
In his new capacity, Bali will collaborate closely with key stakeholders to uphold the bank’s high standards in management and governance, further enhancing Yes Bank’s assets business.
