Yes, Bank Announces senoir - level appointments

"Senior Group President of Governance and Controls Rajeev Uberoi appointed Anurag Adlakha becomes the next senior group president and head of strategy and financial management. Mumbai: Rajeev Uberoi was named senior group president for governance and controls and Anurag Adlakha was named senior group president and head of financial management and strategy by Yes Bank on Monday. Uberoi will be in charge of management governance, compliance, vigilance, legal (general counsel), company secretarial, and control responsibilities at Yes Bank. Uberoi was previously in charge of legal and audit at IDFC Bank. Adlaka, the former CFO of Jana Small Finance Bank, will be in charge of boosting Yes Bank's bottom line.

According to a press release from the bank, both of the top personnel will answer directly to Ravneet Gill, managing director and chief executive officer. Additionally, the Yes Bank board of directors made it clear that the lender's liquidity and operational performance were strong, and that its financial condition was ""sound and stable."" To approve the financial results for the quarter that ended on June 30, 2019, the board will convene on July 17. In addition, the bank denied ""unfounded speculation about, among other things, the bank's asset portfolio, future growth prospects, Board & management stability."" Yes Bank shares were trading at ₹93.40 on the BSE at 11:45 a.m. In order to ratify the financial results for the quarter that ended on June 30, 2019, the Yes Bank board will convene on July 17 (Bloomberg file)"