Vinay Muralidhar Tonse
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The Reserve Bank of India (RBI) has approved appointment of SBI MD Vinay Tonse as the new MD, CEO of YES Bank for three years, according to an exchange notice.
“Prashant Kumar, MD/CEO of the Bank, is currently in the midst of his extended term. Keeping his preferences and the Bank’s growth needs in perspective, the Bank had sought regulatory approval from the Reserve Bank of India for new leadership. In this regard, we would like to inform you that RBI vide its letter dated February 3, 2026 has approved the appointment of Mr. Vinay Muralidhar Tonse as MD & CEO of YES BANK Limited for a period of 3 years w.e.f. the date of taking charge,” YES Bank said in an exchange filing.
Tonse’s appointment will be subject to the approval of the shareholders of YES Bank.
Published on February 3, 2026
