YES BANK, India's new age private sector Bank has appointed Devamalya Dey as the Executive Vice President & Country Head - Audit & Compliance .
Devamalya will be responsible for planning, directing and controlling the auditing activities in all the functions of the Bank to ensure fullest compliance with regulatory norms and policy requirements. He will also be responsible for ensuring the timely completion of all audit activities and also the preparation of requisite working papers and to liaison with the external auditors.
Devamalya brings with him 16 years of experience across diverse business functions and geographical locations. Prior to joining YES BANK, he was working as Vice President - Audit & Risk Review with the Citigroup. In this capacity, Devamalya was a part of the Asia Audit team based in Mumbai. His primary responsibility included assessing key risks under 9 broad risk families (which include strategic/franchise, legal/compliance, financial reporting, staffing/organization, market, cross border, operational and systems/technology).
At Citigroup, Devamalya led a team of 15-30 senior audit and line personnel coming from multi- ethnic and diverse functional backgrounds. His key achievements include leading the review of e-serve & India Cash Management, e- serve & India Trade Services, India CitiFinancial, Bank Handlowy ( Poland) Trade amongst many others.