Bangalore, December 17, 2022: YES Foundation, YES BANK’s social development arm, celebrated its 10th anniversary at YES BANK House – the Bank’s registered and corporate office in Mumbai. Over the last decade, the Foundation has played a significant role in bringing about a positive social transformation through its initiatives. It has impacted the lives of more than 10 lakh beneficiaries residing in over 1,500 villages and 30 cities, spread across 16 states in India.
The anniversary celebration was aimed at providing due recognition for the pivotal role played by YES Foundation in building an empowered and equitable India, since its inception 10 years back in December 2012.
The event was graced by the presence of Ms. Farida Lambay, Chairperson of the Governing Council – YES Foundation, along with Mr. Prashant Kumar, MD & CEO – YES BANK, Ms. Garima Dutt, CEO – YES Foundation, Trustees of YES Foundation, CEOs of the NGOs affiliated to the Foundation, several beneficiaries of CSR projects, employee volunteers, and senior officials of YES BANK and other corporates.
Commenting on the occasion, Mr. Prashant Kumar, MD & CEO, YES BANK, said, “I would like to take this opportunity to congratulate the team of YES Foundation on completing 10 glorious years of empowering people through their thoughtfully crafted initiatives. These constant manoeuvres have successfully catered to the needs of the under-served communities of India. The Foundation has played a significant role in improving livelihood, social security and overall quality of life, thus ensuring a sustained socio-economic growth of the country.”
“YES Foundation has immense potential and the right skill set to implement scalable and replicable models for social change. I am inspired by the vision of the Foundation and the Governing Council will continue to guide the difference the Foundation makes in the lives of people in the hinterlands,” said Ms. Farida Lambay, Chairperson – of Governing Council, YES Foundation.
In 2021, YES Foundation launched a five-year strategy aimed at inspiring the country’s youth to lead economic and social development across the country. Such initiatives taken by the Foundation have immense potential to empower the younger generation by upskilling them with the competencies required to get market-oriented jobs and boost their entrepreneurial spirit.
Furthermore, it will also create employment and entrepreneurship opportunities for over 100,000 youth by 2026 through focused initiatives which will drive impact across the Foundation’s CSR strategy of the 3 E’s – Employability, Entrepreneurship, and Environmental Sustainability.