YES Bank replaces interim CVO ahead of new appointment

Daily Management Change Report (Last 24 hours)

None found in the provided filings.
(No resignation text cites governance/ethical/mismanagement/dispute/lack of information as the reason.)

Appointment: Mr. Sai Venkataramana Kosuri
Role: Chief Vigilance Officer (CVO) & Senior Management Personnel (SMP)
Effective Date: November 25, 2026
Context: Appointed as new CVO; takes over responsibilities exclusively from the effective date.
Resignation/cessation (SMP role): Mr. Harish Sehgal
Role: Interim Chief Vigilance Officer (SMP)
Effective Date: November 24, 2026 (end of business hours)
Context: Demits interim CVO/SMP classification; continues as Head – AML & Principal Officer.

Appointment: Mr. Jörg Gertz
Role: Chief Sales and Marketing Officer (CSMO) (SMP)
Effective Date: October 20, 2026
Context: Oversees overseas sales establishments; supports international sales/marketing growth.

Resignation: Mr. Rahul Jagdishbhai Adesara
Role: Manager – Costing & Analysis (SMP)
Effective Date: October 17, 2026 (close of business hours)
Context: Resigned to pursue a new career opportunity outside the organization.

Appointment: Ms. Muskan Manucha
Role: Company Secretary & Compliance Officer (designated as Compliance Officer) (KMP/SMP)
Effective Date: October 18, 2026
Context: Board approved appointment/designation.

Resignation: Mr. Suresh Bharathwaj
Role: Independent Director; Chairperson of Stakeholders Relationship Committee & ESOS Allotment Committee; Audit Committee member
Effective Date: October 17, 2026 (close of business hours)
Context: Completion of second term as Independent Director.

Appointment: Mr. Paul Verghese Parambi
Role: Additional (Independent) Director
Effective Date: November 06, 2026
Term: 4 years (to November 05, 2030), subject to shareholder approval
Context: Board approved appointment.

Re-designation (Director category change): Ms. Shweta Atul Phanse
Change: Executive Director (liable to retire by rotation) → Non-Executive Non-Independent Director (liable to retire by rotation)
Effective Date: October 17, 2026
Context: She cited inability to continue in current capacity due to current commitments; board approved subject to member approval where required.

Clustered governance/SMP transition: Interim CVO/SMP (Harish Sehgal) to be replaced by new CVO (Sai Venkataramana Kosuri), with interim SMP classification ending Nov 24, 2026 and new CVO effective Nov 25, 2026.

Independent director exit also impacts committee leadership: Ramanujam Venkatesh resigned as Independent Director and ceased to be Chairperson of Audit Committee effective Oct 16, 2026.