RBI Deputy Governor Shri S.S. Mundra presents the Award to Mr. Rana Kapoor
Mumbai, June 19, 2017: Mr. Rana Kapoor, MD & CEO, YES BANK and Chairman, YES Global Institute was recognized as ‘SKOCH ‘CEO of the Year’ (Private Sector)’ at the 48th SKOCH Summit – One Nation, One Platform. The Award was presented by Shri S. S. Mundra, Deputy Governor, Reserve Bank of India
On receiving the honor, Mr. Rana Kapoor, MD & CEO, YES BANK and Chairman, YES Global Institute said, “The SKOCH ‘CEO of the Year’ award is a truly significant recognition and I am deeply honoured to receive it. At YES BANK, we are working towards establishing a truly differentiated Financial Brand, with laser focus on Professional Entrepreneurship, Human Capital, Innovation and Responsible Banking. This recognition is a huge encouragement and will motivate us even further to achieve our uncompromising vision of ‘Building the Finest Quality Bank of the World in India by 2020’”
As a professional entrepreneur, since 2003, Rana Kapoor, Managing Director & CEO of YES BANK has progressively established a high quality, customer centric, service driven, private Indian Bank with a vision of building the “Building the Finest Quality Bank in India by 2020”.
Under Mr. Kapoor’s leadership, YES BANK has established itself as India’s fourth largest private sector bank with a Total Balance Sheet size of over INR 2 lakh Crore, sustained profit growth and steadily increasing granular CASA portfolio, making it the fastest growing bank in India. In its 13th year of operations, YES BANK has achieved several significant milestones such 1,000 branches, over 20,000 employees, 31.1% growth in net profit in FY17 and crossing balance sheet size of USD 1 Billion in its IFSC Banking Unit (India’s first) at GIFT City, Gandhinagar.
As a Change Agent, Mr. Kapoor has woven sustainability and CSR into the DNA of the bank with focus on climate finance, water, livelihood security and rural impact amongst others. He is spearheading digital transformation at YES BANK by embracing technology and innovation to create a ‘Digital First’ Bank and aid the ongoing transition to a ‘less-cash’ economy. Mr. Kapoor has pioneered new paradigms in Digital Banking through an ‘Alliances, Relationships & Technologies (A.R.T)’ framework to foster entrepreneurship through YES FINTECH Accelerator and YES Head-Startup programs at YES BANK.
As Chairman of YES Global Institute, a practicing think tank established by YES BANK, Mr. Kapoor is driving interventions to create social impact and foster innovations based on Design & Innovations led Creative Entrepreneurship (D.I.C.E.).
Established in 2008, SKOCH Development Foundation is an autonomous, policy oriented, not for profit policy think tank. The Foundation ensures transparency, accountability and adherence to corporate governance norms. Its main focus is empowering the marginalized and making inclusive development a reality by undertaking various research and grassroots intervention projects.
Source: Yes Bank
