Yes Bank management change: The private-sector lender has redesignated Nipun Kaushal as Chief Strategy and Marketing Officer after assigning him the additional responsibility of driving its bank-level strategy function. The change took effect on August 24, 2026, according to the bank's BSE filing on the same date.

Kaushal was serving as Chief Marketing Officer and Head CSR and was already classified as a Senior Management Personnel of Yes Bank. The revised designation brings the strategy function under his responsibilities alongside marketing.

Kaushal to continue as senior management personnel

Yes Bank informed the stock exchanges that Kaushal will continue as a Senior Management Personnel following the redesignation. The bank described the development as a change in management under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

  • Previous responsibilities: Chief Marketing Officer and Head CSR
  • Revised designation: Chief Strategy and Marketing Officer
  • Additional responsibility: Driving the bank-level strategy function
  • Effective date: August 24, 2026

The disclosure does not describe the development as a fresh appointment. Instead, it records an expanded set of responsibilities and a corresponding change in Kaushal's designation.

No separate appointment term

In the annexure submitted with the filing, Yes Bank said a term of appointment was not applicable because Kaushal is already in full-time employment with the lender. A brief profile and disclosure of relationships between directors were also marked as not applicable.

The filing was submitted to both BSE Limited and the National Stock Exchange of India. Yes Bank said the exchange information was also being hosted on its website in accordance with the applicable listing regulations. The bank's BSE scrip code is 532648, while its NSE symbol is YESBANK.

Source: BSE corporate announcement.