NSEChange in Management5d ago · 24 Aug 2026, 11:07 pm
Change in Management
Yes Bank Limited · YESBANK
✦ AI SummaryMgmt Change
Yes Bank Limited announces a change in management with Mr. Nipun Kaushal taking on additional responsibilities as Chief Strategy and Marketing Officer, effective August 24, 2026.
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Earnings Impact5/10
Growth Catalyst3/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
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Full Announcement
Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Change in Management
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YESBANK_24082026230703_Stock_Exchange_Intimation_Change_in_SMP_24082026_signed.pdf
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YBL/CS/2026-27/83
August 24, 2026
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, Plot no. C/1, G Block, Corporate Relations Department
Bandra - Kurla Complex, Bandra (E), P.J. Towers, Dalal Street
Mumbai - 400 051 Mumbai – 400 001
NSE Symbol: YESBANK BSE Scrip Code: 532648
Dear Sir/ Madam,
Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 – Change in Management
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 (‘SEBI Listing Regulations’), we wish to inform you that Mr. Nipun Kaushal,
who is currently a Senior Management Personnel and designated as Chief Marketing Officer
and Head CSR, will take on the additional responsibility of driving the Bank-level strategy
function. Accordingly, he has been re-designated as Chief Strategy and Marketing Officer of
the Bank effective August 24, 2026.
We are enclosing herewith the brief details of the aforesaid change as prescribed under SEBI
Listing Regulations read with SEBI Master Circular HO/49/14/14(7)2025-CFD-
POD2/I/3762/2026 dated January 30, 2026, as Annexure A.
The weblink of BSE Limited and National Stock Exchange of India Limited providing the above
information is being hosted on the Bank’s website www.yes.bank.in pursuant to Listing
Regulations, as amended.
We request you to take the above on record.
Thanking you,
Yours faithfully,
For YES BANK LIMITED
Sanjay Abhyankar
Company Secretary
Encl: As above
Annexure A
Details under amended Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 read along with SEBI Master Circular No.
HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
Sr No. Particulars Details
1 Name Mr. Nipun Kaushal
Mr. Nipun Kaushal, Chief Marketing Officer and Head
Reason for change viz.
CSR, who is a Senior Management Personnel (SMP) of the
appointment, re-
Bank will now also be taking the additional responsibility
2 appointment,
of driving the Bank-level strategy. Accordingly, he is re-
resignation, removal,
designated as Chief Strategy and Marketing Officer and
death or otherwise;
continues as SMP in the Bank.
Date of
Date of change in designation: August 24, 2026
appointment/re-
appointment/cessation
3 Term of Appointment: Not Applicable, since already in full-
(as applicable) & term of
time employment
appointment/re-
appointment
Brief Profile (In case of
4 Not Applicable.
appointment)
Disclosure of
relationships between
5 Directors (in case of Not Applicable
appointment of
a director).