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Josy Paul joins New York Festivals 2016 as jury

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MUMBAI : New York Festivals International Advertising Awards announced the second round of prominent creatives appointed to the 2016 Executive Jury. For the sixth year, New York Festivals will assemble 30+ of the world’s most awarded chief creative officers and executive creative directors to judge this year’s entries across all mediums and select the World’s Best Advertising winners.

“New York Festival’s Executive Jury of celebrated creative leaders mirrors the diverse range of creative talent prevalent in the advertising industry today,” President of New York Festivals said Michael O’Rourke. “NYF is thrilled to provide our entrant’s with this esteemed jury of internationally recognized thought-leaders.”

BBDO  India chairman and CCO Josy Paul has been announced as  part of the second round of the 2016 New York Festivals Executive Jury.

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Other judges include First Kiss Korea, CCO  Steve Keum; Officer,  McCann Erickson Romania  Chief Innovation Officer, Nir Refuah; Dentsu Inc. Japan, Head of Digital Creative/Executive Creative Director, Yasuharu Sasaki; and Y&R New York CCO Leslie Sims.

The 2016 Executive Jury panel will gather together May 13-17th in New York City for five rounds of judging across all mediums and select 2016’s Finalists, First Prize, Second Prize, Third Prize, Grand Award winners, and Best of Show.

The 2016 New York Show? creative panel sessions and networking events will take place on Thursday, May 19 at the NYIT Auditorium, 1871 Broadway, between 61st & 62nd Street. The New York Show gala will be held that evening in the renowned Jazz at Lincoln Center’s Frederick P. Rose Hall, Broadway at 60th Street, with a cocktail party in the Ertegun Atrium and the awards ceremony immediately following in the Rose Theater. A celebratory after-party will follow to toast the 2016 award-winners.

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The 2016 competition final deadline is February 15th.

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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

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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.

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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.

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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.

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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.

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