Yes Bank on Wednesday announced that it has appointed Manish Jain as Country Head – Wholesale Banking of the bank effective today, after the resignation by Ravi Thota from the position of Country Head – Large Corporates. Ravi Thota, it said, has tendered his resignation on account of personal and other professional commitments. “The Bank has relieved Mr. Thota from his duties effective from close of business hours on September 26, 2023,” the bank said in a regulatory filing.
Manish Jain is a senior banking professional with three decades of work experience which includes 23 years with Standard Chartered Bank. He has worked in diverse geographical locations throughout India serving all client segments like large local corporates, strategic groups, middle market companies, supply chain finance, transaction banking sales, multinational corporates, financial institutions and SMEs.
Prior to Standard Chartered Bank, he has also worked with Ernst & Young Consulting India, GE India & Maruti Suzuki. Manish Jain holds a Master of Business Administration from IIM Bangalore and is a B Tech in Mechanical Engineering from IIT Delhi.
In his role as Country Head – Wholesale Banking, Manish Jain will be responsible to spearhead the wholesale banking business at Yes Bank encompassing large corporates (includes investment banking, project finance business & loan syndication), emerging local corporates, transaction banking group and institutional & government banking (government banking, multinational corporate banking, IFSC banking unit, Indian financial institutions banking and corporate & government advisory) and business economics banking.