Yes Bank appoints Manish Jain as country head of Wholesale Banking

In his resignation letter, Thota wrote, “It has been a fulfilling period, and [it is] satisfying to see the strong progress the bank has made in this period.” He acknowledged the positive impact of the Wholesale Bank teams on the bank’s profitability, new business growth, portfolio diversification, credit quality, client acquisition, return on assets (RoA), and pre-provision operating profit (PPOP) to average assets.

Jain holds a master of business administration from the Indian Institute of Management Bangalore and a BTech degree in mechanical engineering from the Indian Institute of Technology Delhi, and has nearly three decades of professional experience. As country head of Wholesale Banking, he will lead and oversee various segments, including large corporates, emerging local corporates, transaction banking group, institutional and government banking, and business economics banking within YES Bank.