People: Yes Bank Ltd (YESB.BO)
Dr. Shubhada Rao serves as Group President of Yes Bank Limited. She was responsible for the Economic Research Unit compiling forecasts through superior econometrics modelling techniques of all important macro-economic indicators, at the Bank. She is also responsible for providing interest rate/exchange rate & other inputs to the Asset and Liabilities Committee on an ongoing basis. Shubhada brings with her over 16 years of experience in academia and industry wherein she has pioneered research design geared to assist corporate investment decisions, economy forecasts, comprising growth and inflation projections, as well as interest and exchange rate forecasts, to enable formulation of business strategies. Prior to joining YES BANK, Shubhada set up an Economic Consulting firm and has been retained by the RBI to serve as an external on a project titled ‘Bank Soundness & Macroeconomic Policy’. Prior to this, she worked with Kotak Institutional Equities as Chief Economist, with Bank of Baroda as Economist and Head, Economic Advisory at CRISIL Advisory Services. Shubhada began her career in banking with ICICI Bank in their planning and treasury department after completing a PhD in Economics from the University of Mumbai.
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