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TVS revs up global design with Italian CoE launch
MUMBAI: Talk about shifting gears. TVS Motor Company has hit the accelerator on global innovation, unveiling its new Global Centre of Excellence (CoE) for Design and Engineering in Bologna, Italy. The move comes with the full acquisition of Engines Engineering S.p.A., the Italian powerhouse behind high-performance motorcycles and Motogp prototypes.
“This Centre marks a milestone in reimagining mobility,” said TVS Motor Company chairman Sudarshan Venu. “By blending Engines Engineering’s racing expertise with our global design and engineering capabilities, we aim to deliver premium, connected, and electric vehicles that set new benchmarks.”
The Italian CoE will act as a concept-to-product innovation hub, integrating world-class engineering teams to speed up product development, enhance design flexibility, and expand TVS Motor’s premium portfolio. It also strengthens Norton Motorcycles, supporting its ambition to craft modern luxury motorcycles that honour its iconic legacy while pushing the boundaries of performance.
Key focus areas include digital simulation, rapid prototyping, modular platform development, AI-driven design tools, advanced materials, and global collaboration with universities, startups, and suppliers. The initiative promises faster development cycles and a pipeline of next-generation scooters, high-displacement bikes, and electric mobility platforms.
With this move, TVS Motor is not just racing ahead in design and engineering but is steering the global motorcycle industry into a future where innovation meets performance and sustainability.
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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.
