YES BANK has appointed Mr. Sai Venkataramana Kosuri as the new Chief Vigilance Officer (CVO) and Senior Management Personnel (SMP), effective November 25, 2026. This follows the interim designation of Mr. Harish Sehgal as CVO. Mr. Sehgal will demit his interim role and continue as Head – AML & Principal Officer. The Board of Directors approved this change based on the Nomination and Remuneration Committee’s recommendation.
YES BANK Announces Senior Management Change
YES BANK Limited has announced a significant change in its senior management structure with the appointment of Mr. Sai Venkataramana Kosuri as the new Chief Vigilance Officer (CVO) and Senior Management Personnel (SMP). This appointment is effective from November 25, 2026, and Mr. Kosuri will exclusively discharge his duties in the capacity of CVO from the said date.
Interim CVO Transition
The Board of Directors, following a recommendation from the Nomination and Remuneration Committee, approved this change. Concurrently, Mr. Harish Sehgal, who has been serving as the interim Chief Vigilance Officer and SMP since September 16, 2026, will step down from his interim CVO role at the end of business hours on November 24, 2026. Mr. Sehgal will continue in his role as Head – AML & Principal Officer and will no longer be classified as an SMP.
Mr. Sai Venkataramana Kosuri’s Background
Mr. Sai Venkataramana Kosuri brings extensive experience to the role, with over 22 years in the banking and financial services industry. His expertise spans Retail and Branch Banking, strategic legal advisory, Retail Assets, Business Banking, debt management, collections, and regulatory matters. Previously, he served as Head Legal – Retail and Business Banking at YES BANK. Prior to that, he spent over a decade at HDFC Bank and also held a role at Centurion Bank of Punjab, beginning his career with GE Capital.
Source: BSE
