Sunil Mehta

Sunil Mehta is non-executive chairman at YES Bank Ltd. in Mumbai, India, and has nearly 40 years of leadership experience in banking, financial services, insurance and investments with Citibank and AIG.In 2013, he left AIG, where he had been the country head and CEO for AIG India since 2000. Subsequently, he started SPM Capital Advisers Pvt. Ltd. Mr. Mehta is the chairman and managing director ofSPM Capital Advisers Pvt. Ltd., a leading business advisory and consulting firm in India. As country head and CEO for AIG in India, Mr. Mehta was responsible for all AIG businesses in India covering insurance, financial services, real estate and investments, among other businesses. He set up AIG’s insurance JVs with Tatas and was also responsible for expanding AIG’s presence across 10 businesses in India that included life and non-life insurance, private equity, asset management, real estate, home finance, consumer finance, software development, mortgage guaranty and aircraft leasing. He was on the board of all AIG companies in India and on the board of IDFC Ltd. for several years. Prior to joining AIG, Mr. Mehta worked with Citibank for more than 18 years, where he held various senior positions covering operations, sales and risk process re-engineering, risk management, public-sector business and corporate banking. His last assignment was corporate bank head for Citibank India and senior credit officer. Mr. Mehta was appointed the non-executive chairman of YES Bank Ltd. on March 13, 2020, by aGovernment of India notification. Previously, he was non-executive chairman of Punjab National Bank from March 2017 till February 2020. He was an Independent Director on the Board of State Bank of India from June 2014 until March 2017. He is presently a board member of IL & FS Investment ManagersLtd. (IIML), ACC Ltd. (a subsidiary of LafargeHolcim Group), Sashakt India Asset Management Ltd.,Welmo Fintech Pvt. Ltd. and Bodytronix Fitness Pvt. Ltd. Mr. Mehta also was on the board of a start-up digital non-life insurance company, Acko General Insurance Ltd., until October 2018. In addition, he is a senior advisor to notable international/domestic firms, among his other business responsibilities atSPM Capital Advisers Pvt. Ltd. Mr. Mehta was asked to chair the Committee on Resolution of StressedAssets by the Honorable Finance Minister of India. He is closely engaged with various think tanks and chambers of commerce, and he is the founding board member of the Asia Society India Centre and a past chairman of American Chamber of Commerce (AMCHAM India). He is currently on the India Advisory Board of the US India Strategic Partnership Forum (USISPF), and he is a Fellow of the Institute of Chartered Accountants of India. Mr. Mehta is a graduate from Delhi University’s Shri Ram College of Commerce and the University of Pennsylvania’s Wharton School of Management.