MAM
NeoNiche Integrated Solutions wins at Stars of the Industry Awards 2014
MUMBAI: NeoNiche Integrated Solutions won the award under “Most Admired Event Management Company” and “Most Admired Corporate Event in IT Industry” for “Gartner Symposium & ITxpo 2013”
Winners of the ‘Stars of the Industry Awards 2014’ were announced at a gala event held on February 14, 2014 at Taj Landsend in Mumbai in the presence of luminaries and stalwarts of the industry. The Stars of the Industry Awards recognizes individual and corporate excellence across Industry verticals. These Awards were decided by an eminent Jury comprising senior professionals. The Awards were sponsored by 94.3 MY FM and endorsed by Asian Confederation of Businesses.
Speaking on the awards Prateek N. Kumar CEO & MD NeoNiche Integrated Solutions Pvt. Ltd said “We are happy to be named the “Most Admired Event Management Company” and to get “Most Admired Corporate Event in IT Industry” for one of the events managed by us is a double whammy. We are extremely grateful “Stars of the Industry Awards” organizers and 94.3 MY FM who provide such a great platform, to our clients who trusted us and are some of the most prestigious and recognized names in the corporate space. We also thank our partners in the industry and NeoKnights who deliver our promise of Ideas, Innovation and Insights to every project that we undertake. Lastly we pledge to continue giving our clients the most professional, innovative and process driven service, as we go forward with this new found recognition”
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.
