Management Team
Devang Rawal - Head, Corporate Finance Group
Devang Rawal

Head, Corporate Finance Group

Devang Rawal is the Executive Vice President & Head – Corporate Finance. In this role, Devang is responsible for the growth of the corporate finance division of the NBFC, develop strong processes, products, sales teams and channels for the same and present a unique value proposition to the customers. He will also ensure development of relationships with referral sources and other stakeholders.
His last stint with Yes Bank consisted of managing mid-market/SME business with sanctioned exposures of over USD 2 bn., spread over 20 locations in the country, 200 dedicated personnel across 1,500 relationships. His scope of work included granular acquisition of clients, deepening of the relationships through cross sell, conservative management of capital, leveraging the existing clientele for retail businesses such as insurance, private banking and personal lending etc.
Devang was also responsible for specific cross-sell including but not limited to cash management, trade finance, syndication, structured products, debt placement, treasury, channel financing and investment banking.
He started his banking career with ANZ Grindlays Bank. In a career spanning more than 2 decades, Devang has managed a large cross section of businesses/clienteles. His initial stint with various multi-national banks revolved around managing global and large local corporates providing a gamut of cross-sell opportunities including cross border funding, treasury and trade. In recent years, Devang has also managed the mid-markets business in Barclays and Emerging Corporate Business in Yes Bank.
Devang Rawal is a commerce graduate from Narsee Monjee College of Commerce and economics. He joined C C Chokshi & Co ( now Deloitte) while graduating from both The Institute of Cost and Works Accountants of India as well as The Institute of Chartered Accountants of India.
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