Ravneet Gill takes charge as YES Bank MD & CEO, succeeds Rana Kapoor

Gill would like to put behind the strained relations with the banking sector regulator

Ravneet Gill took charge as managing director (MD) and chief executive officer (CEO) of YES Bank on Friday for a three-year term, subject to shareholder approval.

A career banker with a long innings at Deutsche Bank, Gill comes in place of Rana Kapoor, the bank’s co-promoter and former MD and CEO.

For the near term, Gill will have to improve relations with the Reserve Bank of India (RBI), which have been strained in recent times. He will also need to strengthen the bank's asset quality and improve governance standards and internal processes.

Gill can lean on the bank’s steady growth