Our Promoters & Investors
YES BANK is founded by Mr. Rana Kapoor and Late Mr. Ashok Kapur, who have a collective financial stake of 27.16%.
Mr. Rana Kapoor
is the Founder/Managing Director & CEO of YES BANK. As a
professional entrepreneur, since 2003, he is progressively
establishing a high quality, state-of-the-art private Indian
Bank with a vision of "Building the Best Quality Bank
of the world in India" by 2015.
Under his leadership, YES BANK has steadily evolved as the "Professionals'
Bank of India" with exemplary business and financial
outcomes as evidenced in the financial results since
inception, highest RoA/RoE, and the best asset quality amongst
leading Public and Private Banks in India. YES BANK has
adopted global best practices, the highest
standards of service quality and
operational excellence.
In a span of 6 years, YES BANK has received significant
national and global recognition and accolades including being
ranked recently as India's No. 1 and the
Fastest Growing Bank (balance sheet size< INR
24,000 crore), in the Business Today-KPMG Best Banks
Annual Survey 2008 and 2009. YES BANK has been
awarded the "Most Innovative Bank in India"
at the New Economy First Annual Banking and Finance
Awards 2008, held in London. YES BANK is the
only Indian Bank to receive the prestigious
Emerging Markets Sustainable Bank of the Year - Asia
first award at the Financial Times/IFC Sustainable
Banking Awards in London, 2008.
YES BANK was also the only Indian Bank to be
awarded the Financial Insights Innovation Award (FIIA)
for the Most Innovative e-Payments Solution amongst
150 Asian Banks, in Singapore. Earlier, the Bank won the
Euromoney Trade Finance Deal of the Year award for a
structured & innovative Rural Financing solution, and has been
included as a Founding Member of the select Community
of Global Growth Companies (GGC) at the World
Economic Forum (WEF), Geneva. YES BANK was awarded
the Best Corporate Social Responsibility Practice
Award at the NASSCOM Foundation-BSE Social and
Corporate Governance Awards 2007. Mr. Kapoor has recently been
ranked as the 3rd Most Valuable Indian CEO of the Year
by Business World magazine in November 2009.
He has earlier received the Distinguished
Entrepreneurship Award at the PHD Chamber Awards for
Excellence 2007, and was earlier awarded the 'Start-
up Entrepreneur of the Year 2005' at the Ernst &
Young Entrepreneur of the Year Awards by an eminent jury.
Prior to establishing YES BANK, Mr. Kapoor was CEO & Managing
Director, and main Managing Partner of Rabo India Finance (RIF)
Pvt. Ltd., responsible for all its business activities (a
corporate finance and investment banking organisation). He
successfully spearheaded RIF as a foreign joint venture
financial services organization in partnership with Rabobank
(AAA rated) in India, and thereafter sold his shareholdings to
Rabobank, Netherlands, in early 2003, after assiduously
building RIF as a Professional Entrepreneur (1998-2003).
Prior to starting Rabo India, he was the General Manager &
Country Head: ANZ Grindlays' Investment Bank (ANZIB, from
1996-98). Mr. Kapoor spent 15 years at Bank of America
(1980-1995), where he last headed the Bank's Wholesale Banking
businesses and held several positions of increasing
responsibility, including assignments in Asian countries. He
was presented the Eagle Pin by the Chairman
of Bank of America, in 1990, the highest professional
recognition for consistent performance excellence in Bank of
America, amongst several other enterprising achievements.
Mr. Kapoor has recently become a Member of the
Government of India's Board of Trade. This apex
body consisting of top leadership from the Indian Industry is
nominated by the Ministry of Commerce & Industry. He has
also been appointed as the Honorary Secretary of the
Indian Banks' Association (IBA), and the
Committee on Agro Business and Financial Inclusion, IBA,
a Member of the Board of Governors of the
Indian Institute of Corporate Affairs (IICA),
established by the Ministry of Corporate Affairs,
Government of India. He is also a Member of
the Board of Directors of "Invest
India", Member of the
Sub-Group of the Taskforce on
Funding for Infrastructure Creation, as part
of the Department of Industrial Policy & Promotion (DIPP),
Ministry of Commerce & Industry, the President of the
India-EU Chamber of Commerce in India, and
the FICCI and CII Steering Committees, and
Managing Committee of PHDCCI. He was the
Chairman of CII's Banking Committee for the year
2005-06. Mr. Kapoor was appointed in 2002 as the
Honorary Consul for Cyprus in Mumbai/ Maharashtra state by the
Government of Cyprus. He is also an active member
of Young President's Organisation (YPO), a
leading global forum of business leaders. Mr. Kapoor holds a
MBA degree from Rutgers' University in New Jersey, U.S.A.
(1980), and a Bachelor's degree in Economics (Honours) from
the University of Delhi (1977).
Late Mr. Ashok Kapur
was the Non Executive Chairman of the Bank (2004- 2008). He was an Associate of the Institute of Bankers, U.K.
Mr. Kapur was part of the banking industry since 1962 and was employed by Grindlays Bank in various capacities including General Manager, Institutional Banking and Managing Director, Grindlays Merchant Bank of Nigeria Limited. He also worked as Regional Manager (Executive Vice-President), ABN Amro Bank, Singapore, where he was involved with the geographical spread of the Asia/Australia branch network and the different business groups including commercial and investment banking. He was also the first Asian to be appointed Country Manager of ABN Amro Bank, India. Before being part of YES BANK, Mr. Kapur was the Managing Director of Rabo India, a new financial services company focused on corporate and structured finance for the Indian market in partnership with Rabobank, Netherlands (1998-2003).