Summary of Key Information:
Reporting Period (Quarter/Year): Not Applicable
Nature of Filing / Announcement: Outcome of Board Meeting - Director Appointment
Audit Opinion:
Not Specified
Key Financial Highlights:
Not Specified
Standalone Results:
Not Specified
Consolidated Results:
Not Specified
Segment-wise Performance:
Not Specified
Corporate Actions:
Not Specified
Director Profile:
Mr. Paul Verghese Parambi is a seasoned financial services professional with over 36 years of leadership experience driving strategy, risk mitigation, and growth across banking and comprehensive financial services.
Most Recent Role: Group President, Group Chief Risk Officer, and member of the Group Management Council of the Kotak Mahindra Group, overseeing risk management for Kotak Mahindra Bank and all its group companies.
Previous Roles at Kotak: President – Consumer & Commercial Bank (Credit), Head of Group Strategy, Head – International Business (1995 to 2012)
Board Experience: Served on the boards of international subsidiaries of the Kotak Group
Career Start: Hindustan Unilever Limited in 1989
Education: Graduate of IIM Ahmedabad and IIT Madras
Additional: Passionate about social impact initiatives
Relationship Disclosure:
Mr. Paul Verghese Parambi is not related to any of the Directors of the Bank.
Other Significant Information:
Disclosure made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Reference: SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
Information hosted on Bank's website: www.yes.bank.in