Brands
Accor elevates Arish Mehta to steer Ibis revenue strategy in India
MUMBAI: Accor has appointed Arish Mehta as portfolio director of revenue management for Ibis, Ibis styles and Ibis budget in India, effective December 2025, sharpening its commercial focus across the fast-growing economy and midscale segments.
Mehta, a 13-year Accor veteran, will lead revenue strategy across the ibis brand portfolio, overseeing pricing, distribution and performance across rooms, food and beverage, and Mice businesses. The move underlines Accor’s push to deepen commercial rigour and accelerate portfolio-wide growth in the Indian market.
Most recently, Mehta served as director of revenue management at Accor, where he led total revenue strategy for a flagship Mumbai property. Under his stewardship, the hotel delivered room revenue growth of 29 per cent year-on-year and overall revenue of Rs 26.6 crore, crossing the Rs 100 crore mark in just its second year of operations. He also drove gains in occupancy, average daily rate and revenue generation index in a fiercely competitive market.
Earlier, as cluster revenue manager, Mehta managed multiple Ibis hotels across major Indian cities, improving RevPAR and RGI through data-led pricing, inventory control and demand forecasting, while building revenue capability across teams.
In his new role, Mehta will focus on strengthening commercial performance, driving consistency across markets and embedding data-driven decision-making across the Ibis portfolio, as Accor looks to scale both performance and profitability in India.
Brands
YES Bank appoints S Anantharaman as chief risk officer
Former Jio Financial Services group chief risk officer takes charge of enterprise-wide risk at the embattled private lender
MUMBAI: YES Bank is not taking chances with risk anymore. The private lender has appointed S Anantharaman as its chief risk officer, a hire that signals the bank’s continued effort to rebuild credibility and tighten the controls that once famously slipped.
Anantharaman arrives from Jio Financial Services, where he served as group chief risk officer and built a risk management architecture spanning lending, payments, insurance broking and asset management from the ground up. Before that, he held the chief risk officer role at Bank of Baroda and senior leadership positions at HDFC Bank and L&T Finance Holdings. Three decades in banking and financial services, in other words, with scars and qualifications to match. He is a chartered accountant and a CFA charterholder.
At YES Bank, his brief is considerable. Anantharaman will oversee the bank’s entire enterprise-wide risk framework, covering credit policy, market risk, operational risk, information security, data governance, analytics, model governance and data privacy. It is, in short, every lever that matters when a bank is trying to prove it has grown up.
YES Bank’s turbulent past needs little rehearsing. What it needs now is exactly what Anantharaman has spent thirty years building: the kind of risk culture that stops problems before they become headlines. The appointment suggests the bank knows it.
