MAM
Digital India is CASBAA India Forum 2016’s theme
MUMBAI: On March 22 CASBAA will host local and international speakers at the India Forum 2016, its annual discussion panel. The speakers will focus on the fast-evolving Indian broadcasting industry in the advent of the Digital India initiative.
“The Government of India’s Digital India initiative has brought about a revolution in the country’s economy and has ushered in a plethora of opportunities for sectors to drive the overall digital revolution in India,” said CASBAA CEO Christopher Slaughter. “We see that digital content in India is at an inflection point and the nation is at the top of digital and high-definition (HD) adoption. Further, we have observed that the content creators and broadcasters are increasingly evaluating new media and content delivery alternatives and are planning significant capital expenditure to upgrade their infrastructure in the coming years.”
This year, corporate partners for the CASBAA India Forum 2016 include SES (Supporting Sponsor), AsiaSat, Diagnal, Eutelsat, MEASAT, Verimatrix, Videocon d2h and WWE Network (Sponsors).
“Digital India – The Four Phases of Cable Enlightenment” is this year’s theme for the CASBAA India Forum 2016. A diverse roster of expert speakers will discuss India’s continued growth, including such topics as digitization challenges, security aspects, Indian OTT industry, advertising trends in Digital India, impact of digital advertising on traditional media, satellite industry in India among others.
Several industry experts are expected to attend this event. Trai chairman R.S. Sharma is expected to deliver the opening keynote address. The inaugural address will be made by MIB Special Secretary J S Mathur and the industry keynote address will be delivered by Tata Sky MD and CEO Harit Nagpal (Industry Keynote). Others attending the event include TRAi’s Principal Advisor, Broadcast & Cable S K Gupta, MIB Joint Secretary -Broadcasting R. Jaya, APT Satellite sales director for Indian and Middle East Thomas Antony , AsiaSat CEO William Wade, BBC Global News COO Naveen Jhunjhunwala, Disney India Media Networks vice president Nikhil Gandhi, Eutelsat UK MD Nicholas Daly, Google India Industry director Nitin Bawankule, Hathway CEO Jagdish Kumar, Media, Hinduja Group CEO Anthony D’Silva, Intelsat India country manager Gaurav Kharod, MEASAT CEO Paul Brown-Kenyon, MEC South Asia managing director T. Gangadhar and Viacom18 Digital Ventures COO Gaurav Gandhi.
Brands
YES Bank hands the keys to SBI veteran Vinay Tonse as it bets on a new era
Former SBI managing director appointed as YES Bank’s new MD and CEO
MUMBAI: YES Bank is done rebuilding. Now it wants to grow. The private sector lender has appointed Vinay Muralidhar Tonse as managing director and chief executive officer-designate, with RBI approval secured and a start date of April 6, 2026 confirmed. The three-year term signals the bank’s intent to shift gears from crisis recovery to full-throttle expansion.
Tonse, 60, is no stranger to scale. Most recently managing director at State Bank of India, he oversaw a retail book of roughly $800bn in deposits and advances, one of the largest in the country. Before that, he ran SBI Mutual Fund from August 2020 to December 2022, a stint that saw assets under management surge from Rs 4.32 lakh crore to Rs 7.32 lakh crore across market cycles. Add stints in Singapore and four years leading SBI’s overseas operations in Osaka, and the incoming chief arrives with a genuinely global CV.
His academic grounding is equally solid: a commerce degree from St Joseph’s College of Commerce, Bengaluru, and a master’s in commerce from Bangalore University.
The appointment follows an extensive search and evaluation process by the bank’s Nomination and Remuneration Committee. NRC chairperson Nandita Gurjar said the committee unanimously backed Tonse, citing his leadership track record, governance credentials and ability to drive the bank’s next phase of transformation.
Non-executive chairman Rama Subramaniam Gandhi was unequivocal. “I am certain that Vinay Tonse, with his vast experience as a senior banker, will propel YES Bank to its next phase of growth,” Gandhi said, adding that the bank remains focused on strengthening its retail and corporate banking franchises and expanding its branch network.
Rajeev Kannan, non-executive director and senior executive at Sumitomo Mitsui Banking Corporation, the bank’s largest shareholder, said Tonse’s experience across retail, corporate banking, global markets and asset management positioned him well to lead the lender. SMBC said it looks forward to working with Tonse and the board as YES Bank pursues its ambition of becoming a top-tier private sector lender anchored in strong governance and sustainable growth.
Tonse succeeds Prashant Kumar, who took the helm in March 2020 when YES Bank was in freefall following a severe financial crisis, and spent six years painstakingly stabilising the institution, rebuilding governance and restoring operational scale. Gandhi was generous: “The bank remains indebted to Prashant Kumar, who is responsible for much of what a strong financial powerhouse YES Bank is today.”
Tonse, for his part, struck a purposeful note. “Together with the board and my colleagues, I remain deeply committed to creating long-term value for all our stakeholders,” he said, pledging to build on Kumar’s foundation guided by his personal motto: Make A Difference.
Beyond the balance sheet, Tonse played cricket at college and club level and represented Karnataka in archery at the national championships — sports he credits with teaching him teamwork, situational leadership, discipline and focus. In quieter moments, he reaches for retro Kannada music, classic Hindi songs, and the crooning of Engelbert Humperdinck, Mukesh and Kishore Kumar.
YES Bank has its steady-handed rebuilder in Kumar to thank for survival. Now it has a scale-obsessed growth banker at the wheel. The next chapter starts April 6.
