MAM
Fairmont Jaipur appoints Crosshairs Communication as its PR agency
Mumbai: Crosshairs Communication has successfully added Fairmont Jaipur to its luxury clientele list. Crosshairs Communication said that as an agency, it has always been at the forefront of providing the best service to its clients and truly believing in its vision. With clients ranging across sectors, the agency is emerging as a strong player in the hospitality industry by onboarding Fairmont Jaipur.
The Fairmont Jaipur hosts 245 guest rooms, including seven imperial suites.
Crosshairs Communication said that it is aligning with the vision behind Fairmont Jaipur and will be bringing its A-game to the table. They will be managing all of their end-to-end media & influencer collaboration communications. The company will be responsible for curating the brand’s messaging across its Indian clientele.
Crosshairs Communication founder Stuti Jalan said, “With an industry experience of 15 years, we as an agency understand the requirements of the brands we cater to. I personally feel this is the perfect time for Fairmont Jaipur and Crosshairs Communication to align with each other. At Crosshairs, we strive to deliver beyond all expectations and anticipate the challenges that come in hand. Our zeal and enthusiasm to work and build relationships with brands are incomparable. We are eager to work with Fairmont and are focused on creating a strong PR plan to strengthen their reach and boost their image. I believe that, as an agency, Crosshairs will be able to understand and deliver the brand’s vision in all of our subsequent communication and campaigns.”
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.
