Yes Bank gets RBI approval for Ravneet Singh Gill to be CEO
NEW DELHI: YES Bank has appointed Deutsche Bank’s Ravneet Singh Gill as its MD and CEO, who will succeed Rana Kapoor.
In a statement to the exchanges, the private lender said it has received RBI approval for the same.
Gill, who is the CEO of Deutsche Bank’s India operations, will join the private lender on or before March 1, 2019. As the news became public, the stock shot up by over 14 per cent. YES Bank had time till February 1 to announce a successor to Kapoor, whose term ends on January 31
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