Vinay Tonse to take over as Yes Bank MD, CEO on April 6

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Yes Bank connected Thursday announced that Vinay Muralidhar Tonse has joined arsenic its Managing Director & Chief Executive Officer-Designate, pursuing support from the Reserve Bank of India (RBI).

He has been appointed for a term of three years. He volition take over from the incumbent Prashant Kumar who served as MD & CEO since March 2020 and played a pivotal relation successful stabilizing and strengthening the slope from a adjacent collapse, on April 6, 2026.

Most recently helium had served as Managing Director at State Bank of India, where he led the Bank’s retail operations.

Mr. Tonse has much than 3 and a fractional decades of acquisition spanning crossed treasury, retail banking, firm banking, planetary operations and plus management.

Published - March 12, 2026 11:29 p.m. IST

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