Ravneet Gill, a career banker with Deutsche Bank, will succeed Rana Kapoor as the managing director and chief of YES Bank. Kapoor’s tenure ends on January 31.
Gill, currently Chief Executive of Deutsche Bank’s business operations in India, is expected to take charge latest by March 1, YES Bank said in a statement.
Reserve Bank of India (RBI) has approved the appointment of 57-year-old Ravneet Gill for a three-year term.
The YES Bank board will meet on January 29 to finalise the delegation of powers for the transition management in the interim period till Gill assumes office.