Anurag Adlakha, who is currently the group chief financial officer, Yes Bank, will take over as the CHRO, while Niranjan Banodkar will replace him as group CFO.
Having joined Yes Bank in August, 2019, Adlakha will now step into the shoes of Deodutta Kurane, who is about to retire, with effect from January 1.
During his almost three-decade long career, Adlakha has served the Riyadh-based Saudi British Bank for four years, before moving to HSBC in 1996. He joined HSBC as manager-financial control and worked his way up to the position of chief financial office by 1999. After eight successful years at HSBC, he moved to Standard Chartered Bank in 2007. After serving as CFO for India & South Asia for about eight years, he served as interim CEO for about six months before taking on the role of CFO in 2015. He spent a good 10 years at Standard Chartered — the longest stint of his banking career — before joining Jana Small Finance Bank as president and CFO, in 2019.
Seven months later, he was appointed group CFO, Yes Bank.
A qualified chartered accountant, this finance professional is known for his significant leadership experience in managing diverse, cross-border finance teams. Considered a trusted advisor with a keen ability to challenge constructively and help formulate and drive business strategies, his experience will prove to be an asset in his new role.