![Prashant Kumar selected as MD & CEO, Sunil Mehta as Non-Executive Chairman & of YES Bank Yes Bank](https://focusmerit.com/wp-content/uploads/2020/03/Yes-Bank-300x169.jpeg)
- On March 14, 2020 Government selected former Chief Financial Officer & deputy Managing Director(MD) of SBI Prashant Kumar as MD & Chief Financial Officer(CEO), the former Punjab National Bank(PNB) MD Sunil Mehta as Non-Executive Chairman, Mahesh Krishnamurthy & Atul Bheda as non-executive directors of the reconstructed board of Yes Bank.
- State Bank of India (SBI), which has a 49 % stake in Yes Bank, will nominate 2 directors & Reserve Bank could select one or more additional directors.