Yes Bank has announced the appointment of Sumit Bali as the Country Head of Retail Assets and Debt Management, effective August 26.
In his role, Bali will be responsible for driving the growth and profitability of the retail assets, rural assets, and debt management businesses, which are crucial to the Bank’s overall success. He will work closely with key stakeholders to strengthen the Bank’s assets business, ensuring best-in-class management and governance practices across the organisation.
Bali is an accomplished banking professional with over 30 years of experience in Retail Lending and Collections. Before joining YES BANK, Bali held significant leadership roles in major financial institutions, like Axis Bank, India Infoline Group, and Kotak Mahindra Bank, where he demonstrated his ability to drive business growth and foster a strong community of Retail Assets professionals within the BFSI ecosystem.
“Sumit Bali’s extensive experience and deep understanding of retail assets, rural assets, and debt management will be instrumental in driving our strategic goals. As we focus on sustainable growth and building a robust assets business, I am confident that Bali’s leadership will be pivotal in achieving our objectives,” said Rajan Pental, Executive Director, of Yes bank.