Yes Securities elevates Anshul Arzare as CEO and MD, Amar Ambani as executive director

Yes Securities India Ltd (YSIL) on Thursday (November 30) announced the elevation of Anshul Arzare as its managing director (MD) and chief executive officer (CEO) and Amar Ambani as executive director.

Anshul Arzare, who has two decades of experience, has been associated with YSIL since its inception in 2013. He has worked extensively in financial services, including setting up new businesses, managing large business units involving extensive branch networks, product development, and risk and compliance management.

Amar Ambani brings with him close to two decades of industry experience and has played an integral role in building the institutional equities franchise at YSIL. As per YSIL, he had played a key part in boosting the group's market access and procurement capabilities.

In his previous stints, Ambani played a pivotal role in creating disruptive investment plans and products, formulating broking strategies and digital initiatives. He also steered the Investment Committee.

Prashant Kumar, Chairman of Yes Securities said, “We are delighted to announce the elevation of Mr Anshul Arzare as the MD & CEO and Mr Amar Ambani as the Executive Director of YES SECURITIES. Being associated with the group since its inception, Mr Arzare has demonstrated immense capabilities in understanding market opportunities and building long-standing client relationships which I believe are critical to lead a business. On the other hand, Mr Ambani comes with strong research skills and assesses potential risks, both internal and external, which will definitely aid in honing the business and operational decisions."

"Through this strategic move, YSIL is bolstering its leadership and underscores its determination to reach the objective of becoming the foremost partner for investment and broking solutions," the company said in a statement.

YSIL is a wholly-owned subsidiary of YES BANK, and is into broking and institutional equities. The company has transformed from a transactional broker to a financial services powerhouse in a decade.