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Prasanth Prabhakaran is promoted as MD & CEO of YES SECURITIES

Madhushree Chakrabarty December 24, 2020
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YES SECURITIES has promoted Prasanth Prabhakaran to Managing Director and Chief Executive Officer (MD & CEO) of YES SECURITIES. Earlier Prasanth was the joint MD and CEO of the company, leading the Institutional Equities business and Wealth Broking & Investment Advisory. Now, in addition to his existing responsibilities, he will also be looking after Investment and Merchant Banking verticals.

Prasanth is having more than twenty-five years of experience in the Banking, financial services, and insurance industry. He has been with YES SECURITIES since 2017 and prior to that company he has also worked with HDFC Bank, Kotak Securities, and India Infoline.

Commenting on the development, Prashant Kumar, MD & CEO, YES BANK and Chairman, YES SECURITIES said “We are delighted to announce the elevation of Prashant Prabhakaran as MD & CEO of YES SECURITIES. As a seasoned leader in the financial services industry, he has demonstrated remarkable ability to assess market dynamics, manage risks and drive business – these I believe are critical to lead the organization, including forging major client relationships, a strong focus on leading with innovation, commitment to employees and delivering value. I am confident that under his leadership, YES SECURITIES will continue building on the momentum to scale up and accelerate business growth.”  

Prasanth Prabhakaran, MD & CEO, YES SECURITIES, said “With the economy bouncing back, markets achieving newer highs and a renewed vigor at YES BANK, YES SECURITIES has immense opportunity to leverage and strengthen all four verticals – Investment Banking, Merchant Banking, Wealth Broking and Institutional Equities. We have a very close-knit team of experienced and passionate individuals who are ready to take this organization to greater heights. As a client-centric organization, we are committed to focusing on offering innovative, technologically sound & research-backed financial solutions to achieve elevated customer experience and trust.”

Established in the year 2013, YES SECURITIES is the wholly-owned Investment Banking, Merchant Banking, Wealth Broking & Investment Advisory subsidiary of YES BANK.

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