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Press Release

Rana Kapoor nominated to the Board of Management at Indian Institute of Foreign Trade (IIFT)

Delhi, February 21, 2018: Rana Kapoor, Managing Director & CEO, YES BANK has been nominated on the Board of the Management of Indian Institute of Foreign Trade (IIFT), Delhi. The Commerce Secretary, Ms. Rita Teaotia, in her capacity as Chairman of the Board of IIFT has made this nomination.

The Indian Institute of Foreign Trade (IIFT) was set up in 1963 by the Government of India as an autonomous organisation to help professionalise the country's foreign trade management and increase exports by developing human resources, analysing and disseminating data and conducting research.

The Board of Management is a select team of seasoned experts from the industry, Government bodies and academia who convene at regular intervals to provide strategic guidance to the Institute. Other members on the Board include Prof. Manoj Pant, Director, IIFT & Chairman, BOM, Dr. Anup Wadhawan, Additional Secretary, Dept. of Commerce, Ministry of Commerce & Industry, Shri Alok Vardhan Chaturvedi, Director General of Foreign Trade, Ministry of Commerce & Industry, Shri Vinod K. Jacob, Joint Secretary (ED), Ministry of External Affairs, Shri Pankaj Patel, President, FICCI,
Prof. Raj S. Dhankar, Vice-Chancellor, Amity University, Raipur,
and Prof. Shekhar Chaudhuri, Former Director, IIM Kolkata.

On receiving the nomination, Rana Kapoor, Managing Director & CEO, YES BANK said, “I am humbled to be nominated to the esteemed Board of Management of IIFT, which is amongst the finest management institutions in the country. I look forward to working with the esteemed Board to enhance IIFT’s position as a leading global institution and thought leader. ”

Professor Manoj Pant, Director of the Indian Institute of Foreign Trade (IIFT), said, “We are honored to welcome Mr. Kapoor onto our Board of Management. Our vision to establish IIFT as one of the leading Think Tanks in the world can be achieved by having someone of his calibre, visionary leadership and rich experience as part of our Board.


YES 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 28 states and 9 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

Alisha Prakash

Nimisha Mathur

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