Where have all the bankers gone?

Both ICICI Bank and Axis Bank have picked up their new CEOs from the insurance industry

In the last week of October, Yes Bank Ltd sent a note to stock exchanges saying the search panel looking for a successor to the bank’s MD and CEO Rana Kapoor — whose term ends on 31 January 2019 — has finalised “the potential candidate profile”. Korn Ferry, a management consulting firm which is assisting the selection committee of the bank’s board in evaluating both internal and external candidates, “also shared a representative list of candidate pool, based on initial industry mapping”.

Who can succeed Kapoor? If you keep the insiders out, the list of probables is very slim —