Yes Bank appoints Lavesh Sardana to head retail assets & debt Management biz

Insight Online News

Mumbai, Jan 27 : Private sector lender Yes Bank announced on Thursday the appointment of Lavesh Sardana as Country Head for its Retail Assets and Debt Management operations. The appointment is in line with the bank’s objective of further strengthening its retail franchise, Yes Bank said in a statement issued here.

With 27 years of expertise in consumer finance, Sardana will be spearheading the bank’s consumer assets business in the current role. “His leadership experience will help sharpen the focus of the bank’s retail assets business, through both distribution channels and digital origination. In addition, he will also mentor the collections and co-lending units, critical to the bank’s retail assets businesses,” the release said.

Prior to joining Yes Bank, Sardana served as the head of the unsecured loans, two-wheeler loans, dealer financing and securitization businesses at the HDFC Bank.

Over his 21-year stint there, he has handled responsibilities for multiple functions (sales and product) across retail and commercial assets verticals. Sardana has also been associated with GE Countrywide Consumer Finance and IBM India in various roles, prior to joining HDFC Bank.

UNIINDIA

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