Sumit Yeole

Senior Product Manager at Axis Bank | X-Yes Bank | X-AFPL | VAMNICOM-Pune

Role: Senior Manager - Product Management at Axis Bank
Location: Navi Mumbai, MH, IN
LinkedIn followers: 500 followers

Sales & Business DevelopmentView LinkedIn profile

About Sumit Yeole

My passion is driving product excellence, and I specialize in translating complex ideas…

Experience

Senior Manager - Product Management
Axis Bank
Nov 2023 — Present · Navi Mumbai, IN
Product Profitability Management: Maximize revenue from existing products. Develop and create revenue streams from new product offerings- Product Health Oversight: Establish and implement product strategies. Maintain comprehensive documentation and processes. Ensure compliance with industry standards- Product Life Cycle Management: Oversee all product life cycle phases, from ideation to retirement. Analyse and optimize product pricing strategies to enhance profitability- Customer Strategy Development: Design and implement strategies for customer acquisition and retention. Enhance product usage through targeted initiatives- Profit Planning & Risk Assessment: Conduct thorough profit planning to align with organizational goals. Assess risks associated with product offerings and market changes- Industry Trend Monitoring: Stay informed on industry trends to identify differentiation opportunities for the Axis product range- Competitive Benchmarking: Conduct competitive analysis of product offerings to ensure market relevance and positioning.

Education

Vaikunth Mehta National Institute of Cooperative Management
Post Graduate Diploma Management , Agri Business Management
2016 — 2018
Mahatma Phule Krishi Vidyapeeth, Rahuri
Bachelor of Technology (B.Tech.), Agricultural Engineering
2012 — 2016

Contact information

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•••••@axisbank.com
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Current company

Axis Bank

Banking · 108K employees · Founded 1994 · Worli Mumbai, Maharashtra, India

Axis Bank is the third largest private sector bank in India. The Bank offers the entire spectrum of financial services to customer segments covering Large and Mid-Corporates, MSME, Agriculture and Retail Businesses. The Bank has a large footprint of 5000 domestic branches (including extension counters) with 15,751 ATMs & cash recyclers spread across the country. The Bank has 6 Axis Virtual Centres with over 1,500 Virtual Relationship Managers as on 31st March 2023. The Overseas operations of the Bank are spread over eight international offices with branches in Singapore, Dubai (at DIFC), and Gift City-IBU; representative offices in Dhaka, Dubai, Abu Dhabi, Sharjah and an overseas subsidiary in London, UK. The international offices focus on Corporate Lending, Coverage Business, Trade Finance, Syndication, Investment Banking, Liability Businesses, and Private Banking/Wealth Management offerings. Axis Bank is one of the first new generation private sector banks to have begun operations in 1994. The Bank was promoted in 1993, jointly by Specified Undertaking of Unit Trust of India (SUUTI) (then known as Unit Trust of India), Life Insurance Corporation of India (LIC), General Insurance Corporation of India (GIC), National Insurance Company Ltd. (NIC), The New India Assurance Company Ltd. (NIA), The Oriental Insurance Company Ltd. (OIC), and United India Insurance Company Ltd. (UIIC). The shareholding of Unit Trust of India was subsequently transferred to SUUTI, an entity established in 2003. GIC, NIC, NIA, OIC, UIIC have been reclassified from promoter category to public category. As on March 31, 2023, SUUTI and LIC are the promoters of the Bank. With a balance sheet size of Rs. 13,17,326 crores as on 31st March 2023, Axis Bank has achieved consistent growth and with a 5-year CAGR (2017-18 to 2022-23) of 14% each in Total Assets & Advances and 16% in Deposits.

axisbank.com

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About Sumit Yeole

Experience

Senior Manager - Product Management

Education

Vaikunth Mehta National Institute of Cooperative Management

Mahatma Phule Krishi Vidyapeeth, Rahuri

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