
Management Change17 Oct 2026, 07:50 pm
Yes Bank Appoints Paul Verghese Parambi as Additional Independent Director
AI Summary
Yes Bank Limited announced the appointment of Mr. Paul Verghese Parambi as an Additional (Independent) Director for a term of four years, effective November 06, 2026, subject to shareholder approval. Mr. Parambi brings over 36 years of experience in financial services, including leadership roles at Kotak Mahindra Group, where he served as Group Chief Risk Officer and was involved in strategy and international business expansion. He is not related to any existing directors and is not debarred from holding a directorship by any regulatory authority.
Key Highlights
- Paul Verghese Parambi appointed as Additional Independent Director.
- Appointment is for a term of four years, effective November 06, 2026.
- Mr. Parambi has over 36 years of experience in financial services.
- He previously held senior roles at Kotak Mahindra Group.
- Appointment is subject to shareholder approval.
Price Impact
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