Mumbai, March 14, 2016: Rana Kapoor, MD&CEO of YES BANK, India’s 5th largest private sector Bank was adjudged the “CEO of the Year” at the 5th Legal Era Awards 2015-16 at a ceremony held in Mumbai. The award was part of the Premier League of Legal Era Awards instituted by the ARA Legal Era Media Group which publishes India’s No. 1 magazine on Legal and Business matters. The awards were instituted to recognize Legal Finesse, Innovation & Accomplishments and held in the presence of luminaries including Justice B N Srikrishna, Former Chief Justice, Supreme Court of India and Justice Deepak Verma, Former Judge, Supreme Court of India.
The award shortlisting was done by an eminent jury comprising of leaders like R A Shah, Solicitor & Senior Partner, Crawford Bayley & Co., Dr. Lalit Bhasin, President, The Society of Indian Law Firms, Ashok Raizada, Chairman & Editor in Chief, Legal Era Magazine, Ashok Barat, Managing Director & CEO, Forbes & Company Ltd. and Rupa Vora, Former Group Director & CFO IDFC Alternatives.
The “CEO of the Year” award was presented to Mr. Rana Kapoor in recognition of the multiple path breaking initiatives undertaken by YES BANK under his leadership in the past year. He was the driving force behind the issuance of India’s 1st Green Bond in February 2015, which has catalysed the Renewable Energy Finance market in India with multiple other companies issuing a Green Bond subsequently. At the COP21 in Paris, YES BANK under Mr. Kapoor’s leadership committed to mobilize USD 5 Billion towards Climate Change program. These initiatives will further the Govt. of India’s mission of electricity for all in 2020, as well as provide impetus to India’s target of installing 175 GW of Renewable Energy by 2020.
Mr. Rana Kapoor has also led YES BANK to adopt a pioneering approach to “Frugal Innovation for Financial Inclusion” aimed towards supporting the Government’s vision of Banking a Billion customers in India. YES BANK’s solutions including YES MONEY and SIM-Sleeve technology will address the Banking gap for over 600 million users who do not have smartphone access and thereby create a multiplier effect in the economy.
About YES BANK
YES BANK, India’s fourth largest private sector bank is a high quality, customer centric and service driven Bank. Since inception in 2004, YES BANK has grown into a ‘Full Service Commercial Bank’ providing a complete range of products, services and technology driven digital offerings, catering to corporate, MSME & retail customers. YES BANK operates its Investment banking, Merchant banking & Brokerage businesses through YES SECURITIES and its Mutual Fund business through YES Asset Management (India) Limited, both wholly owned subsidiaries of the Bank. Headquartered in Mumbai, it has a pan-India presence across all 29 states and 7 Union Territories in India including an IBU at GIFT City, and a Representative Office in Abu Dhabi.
For more information, please visit the Bank’s website at http://www.yesbank.in/
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