Yes Bank appoints Sumit Bali country head, retail assets and debt management

Yes Bank has appointed Sumit Bali the Country Head – Retail Assets and Debt Management, effective today, the private lender said in a statement on Monday.

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.

“His extensive experience and deep understanding of the retail assets, rural assets, and debt management will be instrumental in driving our strategic goals,” Rajan Pental, executive director, Yes Bank said. “As we continue to focus on sustainable growth and building a robust assets business, I am confident his leadership will be pivotal in achieving our objectives.”
Bali has over 30 years of experience in Retail Lending and Collections. Before joining Yes Bank, he held leadership roles in Axis Bank, India Infoline Group and Kotak Mahindra Bank.
Source – Indonesia News