Yes Bank on Thursday announced that Vinay Muralidhar Tonse has joined as its Managing Director & Chief Executive Officer-Designate, following approval from the Reserve Bank of India (RBI). He has been appointed for a term of three years. He will take over from the incumbent Prashant Kumar who served as MD & CEO since March 2020 and played a pivotal role in stabilizing and strengthening the bank from a near collapse, on April 6, 2026. Most recently he had served as Managing Director at State Bank of India, where he led the Bank’s retail operations. Mr. Tonse has more than three and a half decades of experience spanning across treasury, retail banking, corporate banking, international operations and asset management. Published – March 12, 2026 11:29 pm IST Share this: Click to share on WhatsApp (Opens in new window) WhatsApp Click to share on Facebook (Opens in new window) Facebook Click to share on Threads (Opens in new window) Threads Click to share on X (Opens in new window) X Click to share on Telegram (Opens in new window) Telegram Click to share on LinkedIn (Opens in new window) LinkedIn Click to share on Pinterest (Opens in new window) Pinterest Click to email a link to a friend (Opens in new window) Email More Click to print (Opens in new window) Print Click to share on Reddit (Opens in new window) Reddit Click to share on Tumblr (Opens in new window) Tumblr Click to share on Pocket (Opens in new window) Pocket Click to share on Mastodon (Opens in new window) Mastodon Click to share on Nextdoor (Opens in new window) Nextdoor Click to share on Bluesky (Opens in new window) Bluesky Like this:Like Loading... Post navigation FDA finds little evidence that a drug touted by Trump can help people with autism Bank of Baroda raises $500 million syndicated term loan