13 Dec Yes Bank Legal Team
During his last career, he was Chief General Counsel, Head of Audit and Controls at IDFC First Bank Ltd., General Counsel, Group Head – Legal and Compliance at IDFC Ltd., Deputy Managing Director at State Bank of India, Deputy Managing Director at Union Bank of India, Deputy Managing Director at Reserve Bank of India, Vice President and Head of Regulation at Citibank NA (Indian branch). Regional Head of Operational Risk and Insurance at Standard Chartered Bank (Mumbai Branch) and Head of Risk Management and Compliance at ANZ Grindlays Bank Ltd. Emily Ray has been appointed Group Executive Vice President – Legal Risk Management at Yes Bank. Ray, whose career spans more than 15 years in the industry, previously spent eight years at Rabobank. Ray said the new role would give him a better opportunity to have a broader reach and deal with more difficult legal situations. “Yes Bank`s legal department is very knowledgeable and I look forward to contributing as much as possible, learning from my legal colleagues and growing with them,” she said. Yes Bank was founded in 2004 and has become the fifth largest private bank in India. Sanjay Nambiar joined the company in late 2010 and, according to the proponents, has demonstrated “masterful judgment for the legal issues it faces” while taking “a bold but firm stance on the risks facing the banking industry”. Nambiar joined Yes Bank when the wave of litigation that followed the 2008 financial crisis reached its peak and oversaw the resolution of these claims, with the support of members of the management team. Previously, he held senior positions at ICICI Bank, Real Estate Developer IDBI and Kerala State Industrial Development Corporation. His six years at Yes Bank were marked by an overhaul of the legal team`s relationship with the company and an overhaul of its risk identification and management processes. He is, according to one nominator, a “leading legal organizer who encourages his team to advise the company as he advises it: with great sensitivity, thought and insight.” Ray said the new role will broaden his horizons and give him greater responsibility, from mentoring entry-level in various industries to managing legal risk for newer and more exciting areas such as digital banking.
Ray said the decision to join one of India`s largest private banks would boost his confidence and help him move forward. “Yes Bank provided the perfect opportunity for growth and learning,” she said. Yes Bank, one of India`s largest private banks, was established in 2004. Since December 2010, the company`s legal affairs have been handled by respected and highly experienced companies. ETF Movers: Includes ETFs and ETFs with a volume of at least 50,000. Sources: FactSet, Dow Jones Mutual Funds & ETFs: All mutual fund and ETF information contained in this advertisement, excluding current price and price history, has been provided by Lipper, A Refinitiv Company, subject to the following conditions: Copyright © Refinitiv. All rights reserved. Any duplication, republication or redistribution of Lipper Content, including by caching, framing or similar means, is expressly prohibited without Lipper`s prior written consent. Lipper is not responsible for errors or delays in the Content or actions taken in reliance thereon. Market Log: Data on the U.S. dashboard represents trades in all U.S. markets and updated up to 8 p.m.
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