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Amit Verma appointed as executive director at JPMorganChase
MUMBAI: Amit Verma has taken the next decisive step in his global finance journey, joining JPMorganChase as an executive director from January 2026.
Sharing the update, Verma said he was delighted to begin the new role at the world’s largest bank, marking a fresh chapter in a career that blends technology, product thinking and leadership across continents.
Verma arrives at JPMorganChase after nearly eight years at Mastercard, where he played a key role in shaping digital payment products across Asia Pacific. Most recently, he served as director of product management, driving large-scale product strategy, go-to-market launches and cross-functional collaboration in a fast-evolving fintech landscape.
His Mastercard tenure saw him grow from product manager to regional leadership roles, steering gateway products and managing teams across markets. Known for combining design thinking with commercial rigour, Verma built a reputation for turning complex ideas into scalable, customer-ready solutions.
Before Mastercard, Verma’s career spanned global technology firms including Gemalto, STMicroelectronics, Samsung Electronics, Adobe and Hughes Systique Corporation. Starting out as a trainee engineer, he steadily climbed the ladder through software engineering, technical leadership and product management, gaining hands-on experience across hardware, software and digital platforms.
With two decades of experience behind him and a new leadership role ahead, Verma’s move to JPMorganChase signals not just a job change, but a full-circle moment from engineering roots to executive responsibility at the heart of global finance.
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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.
