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.
Rana Kapoor has always believed that banks are metaphors for trust, solidity and service, and the challenge of building the YES BANK brand from scratch was central to the strategy. While creating the financial brand, he realized that the brand name is the most critical aspect, and therefore a significant investment was made to scientifically explore names with the help of Global Research agencies. The primary consideration for choosing the right name was to be able to “break from the clutter and stand out”, and the belief that the Bank’s differentiation begins with its service and trust mark ‘YES’. The name YES signifies the essence of the brand by conveying the core values and characteristics – Optimistic, Positive, Affirmative, Efficient, Reliable, Trustworthy, Universal, Attractive, Smart and Simple.‘YES’ represents the Bank’s true spirit of being service-oriented in order to create a truly “Delightful Banking Experience”.
The brand positioning 'Experience our Expertise' conveys the commitment to deliver customized knowledge-driven solutions through a superior service platform. The YES BANK brand was built around 5 Key Brand Pillars, which are Growth, Trust, Knowledge-driven Human capital, Technology, Transparency and Responsible Banking that epitomise the growing strengths of the Bank.
In a span of 6 years, YES BANK has been recognized amongst the Top and the Fastest Growing Bank in various Indian Banking League Tables by prestigious media houses and Global Advisory Firms, and has received national and international honours for our various Businesses including Corporate Finance, Investment Banking, Treasury, Transaction Banking, and Sustainable practices through Responsible Banking. The Bank has received several recognitions for our world-class IT infrastructure, and payments solutions, as well as excellence in Human Capital.
YES BANK recently India’s Fastest Growing Bank award (balance sheet < 30,000 cr) at the BusinessWorld Best Bank Awards 2009. Mr. Rana Kapoor was also ranked as India’s No. 3 Most Valuable CEO by Business World. Also, YES BANK was ranked No.1 Mid Sized bank in India 2009 and 2008 by KPMG - Business Today, and YES BANK received the Financial Times, London – IFC Washington’s Emerging Markets Sustainable Bank of the Year – Asia award 2008. International Business Magazine, BusinessWeek recognizing YES BANK amongst the Top 25 Unsung Innovative Companies in the world, and Euromoney Trade Finance Deal of the Year for Financial Inclusion of nomadic Honey Bee farmers in Jammu & Kashmir. In recognition of the above, World Economic Forum, Geneva identified YES BANK as a Global Growth Company.
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 was a Member of the Government of India’s Board of Trade (2004-2009).This apex body consisting of top leadership from the Indian Industry is nominated by the Ministry of Commerce & Industry. He has recently been appointed as 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 the President of the India-EU Chamber of Commerce in India, and a Founding Member of the International Centre for Corporate Accountability Inc. Advisory Council, Zicklin School of Business, New York. He is a member of the prestigious CII National Council, the apex FICCI Steering Committee & National Executive Committee, Managing Committee of PHDCCI, and the US India Business Council (USIBC) Chairman’s Circle. He is also a member of the Managing Committee of the Indian Banks’ Association (IBA), and has been the Alternate Chairman of the Committee on Agro Business and Financial Inclusion, IBA, a premier body represented by top Bankers in India. 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).
