Mumbai, December 1, 2016: Mr. Rana Kapoor, Managing Director and CEO, YES BANK, and Chairman, YES Institute, was felicitated for his ‘Outstanding Contribution to Innovation in Financial Services’ by the Indian Institute of Management Ahmedabad (IIMA) on the occasion of Confluence 2016, IIMA’s annual management fest. This honour is an acknowledgement of Mr Rana Kapoor's exemplary contributions to innovation, with special focus on increasing sophistication of products and solutions, bringing the unbanked into mainstream banking and creative destruction via innovation to cope with the expanding need of the economy.
The award was conferred by IIM Ahmedabad Professor and Dean, Faculty Errol D’Souza.
Speaking on this recognition, Rana Kapoor, Managing Director and CEO, YES BANK and Chairman, YES Institute said, “I am humbled to be felicitated for ‘Outstanding Contribution to Innovation in Financial Services’ by IIM Ahmedabad - India’s most premier B-school. At YES BANK, we constantly strive to channelize the entrepreneurial spirit of Indian youth in the right direction, with stress on design thinking and innovation. YES BANK and IIM-A have many years of close association on Design Thinking and Entrepreneurship and I am certain that this partnership will further work towards actualizing the DICE economy (Design, Innovation and Creativity-led Entrepreneurship) in our country.”
YES BANK has embraced Alliances, Relationships & Technology (ART) approach to Digital Banking, with the objective of Deepening Mindshare and Growing Market-share among its consumer base. In this regard, YES BANK has partnered with some of the best fintech firms to deliver unique, innovative Banking and financial solutions to the growing customer base.
Also recently, Mr Rana Kapoor was recognized by the London Business School, India Business Forum for Exemplary Contribution to Innovation and Entrepreneurship; the Indian Institute of Technology, Mumbai for his exemplary contribution to fostering Entrepreneurship in India; and the Indian Institute of Management Kozhikode for his Exemplary Contribution to Financial Services.
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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