Mumbai, October 11, 2018
Further to the Bank’s Press Release dated October 5, 2018, YES BANK is pleased to announce the following update.
The Bank had invited proposals from four Global Leadership Advisory Firms specializing in BFSI to assist the ‘Search & Selection Committee’ in identifying a suitable successor to Shri Rana Kapoor, MD & CEO, YES BANK.
All members of the ‘Search & Selection Committee’ headed by Mr. Brahm Dutt and comprising of Lt. General Dr. Mukesh Sabharwal (Retd.) – Independent Director (Member – NRC), Mr. Subhash Chander Kalia, Non-Executive Non-Independent Director (Member – NRC), Mr. T S Vijayan, past Chairman of IRDAI and LIC and Mr. O P Bhatt, past Chairman, State Bank of India were present in the meeting.
Based on assessments and presentations made by these Global Advisory Firms, the ‘Search & Selection Committee’ has mandated Korn Ferry to assist the Committee in evaluating candidates.
About YES BANK
YES BANK, India’s fourth largest private sector Bank with a pan India presence across all 29 states and 7 Union Territories of India, headquartered in the Lower Parel Innovation District (LPID) of Mumbai, is the outcome of the professional & entrepreneurial commitment of its Founder Rana Kapoor and its Top Management team, to establish a high quality, customer centric, service driven, private Indian Bank catering to the future businesses of India.
YES BANK has adopted international best practices, the highest standards of service quality and operational excellence, and offers comprehensive banking and financial solutions to all its valued customers.
YES BANK has a knowledge driven approach to banking, and offers a superior customer experience for its retail, corporate and emerging corporate banking clients. YES BANK is steadily evolving as the Professionals’ Bank of India with the long term mission of “BUILDING THE FINEST QUALITY LARGE BANK OF THE WORLD IN INDIA”.
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