Mumbai, Maharashtra, India, December 2024 – Sinoy John has been promoted to HR Head – Compensation & Benefits at YES BANK, bringing over two decades of experience in Human Resource Management. In this pivotal role, Sinoy will oversee the bank’s compensation and benefits programs, performance reviews, budgeting processes, and regulatory reporting to the RBI. His leadership will enhance the bank’s compensation structures, optimize HR strategies, and foster employee engagement initiatives aligned with business goals and industry standards.
Sinoy’s career at YES BANK spans more than 16 years, during which he has held several strategic HR leadership positions. Before his current promotion, he served as National Head HR – Wholesale Banking, Financial Markets, Digital Banking, Strategy & Transformation, leading a PAN India team to manage multiple business verticals and HR interventions.
Earlier, Sinoy held the role of President & National Head HR – CRM, SME & Affluent, where he led HR strategies for diverse business units, impacting a span of 5,000 employees. He also served as President & National Head HR – Rural Banking, overseeing HR functions for 376 rural branches and driving impactful employee initiatives.
Sinoy’s expertise extends to roles such as Group Executive President & National Head HR, where he managed HR interventions across retail businesses with a 15,500-strong workforce, and Executive Vice President & Zonal Head HR, managing HR strategies across multiple states.
Prior to YES BANK, Sinoy contributed to HR transformations at Reliance Retail as HR Manager, where he implemented key initiatives, including lean six sigma practices and e-recruitment modules, and at Kelly Services India as Team Leader, overseeing recruitment and client servicing.
About YES BANK
YES BANK is a leading private sector bank in India, committed to transforming the financial landscape. With over 1,200 branches nationwide, YES BANK offers extensive banking solutions across Retail, MSME, and Corporate sectors. Known for its innovation and transparency, the bank processes one in three UPI transactions in India, leveraging cutting-edge technology to meet evolving customer needs. Through a strong risk management framework and a dedication to sustainability, YES BANK strives to empower individuals, businesses, and communities.
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