MAM
InfoComm Asia 2003 takes place in October
MUMBAI: As a major player in the world of infotech, India is a ‘happening’ market for audiovisual presentation solutions. InfoComm Asia 2003, the premier show for the audio-visuals industry takes place in Singapore in October.
The event is sponsored by the International Communications Industry Association. The event should interest Indian entrepreneurs from different fields. They will get to see products from 100 companies including Canon, Christie Digital, Jupiter, Hitachi, NBC, Pioneer, The Screenworks, Vega.
A press release says that there will be wireless and network projectors on the showfloor. They include a 10000 ANSI Lumens large format projector. Other projectors on view will have inflatable outdoor screens, very thin video cubes, portable visualisers, jackpot machine plasma display, LCD name tags.
InfoComm Asia’s MD Nat Wong was quoted in an official release saying:” The audiovisual industry is rapidly growing in India. A surge in demand for audiovisual and AV related products and services is evident as the country develops and modernises. The exhibition is an excellent platform for manufacturers, suppliers, dealers, professionals and users to explore business opportunities and innovative technologies and network in the regional area.”
The release adds that for the first time a conference will also be held alongside the exhibition. “Leveraging Rich Media Content: Strategic Implementation of AV Communications for Your Organisation” will see technology futurist Elliott Masie address the gathering. He will speak on ten technologies that are expected to change the world we live in.
There will also be an extensive educational programme, which includes the annual Asian Institute for Professional Development. The release adds that 16 workshops will be conducted.
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.
