Rana Kapoor is the President of ASSOCHAM and 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 2020. 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, with highest RoA/RoE, and the best asset quality amongst leading Public and Private Banks in India.
Rana Kapoor received an Honorary Fellowship from All India Management Association (AIMA), Doctorate in Science (Honoris Causa) from G.B. Pant University of Agriculture & Technology, India’s foremost and oldest Agri University, for his contribution to the Food & Agribusiness sector in INDIA. He holds an 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). He has also received the prestigious President’s Medal from Rutgers University.
In a span of 10 years, YES BANK has received significant national and global recognitions and accolades including the prestigious IMC RBNQA Business Excellence Award, 2013, Best Midsized Bank for 2013, 2012, 2010, 2009 & 2008 in the Business Today-KPMG Best Banks Annual Survey. YES BANK was awarded the Best Bank (Mid-Size) by Businessworld and adjudged Best Managed Bank in India by the Asian Banker (2011-2013), Jakarta, 2013. YES BANK received the Rank 1 Sustainable Bank of the Year (Asia/Pacific) award at the FT/IFC Sustainable Finance Awards 2012 and 2011, London and was included as a Foundation Member of the World Economic Forum (WEF), Geneva.
Rana Kapoor was recently felicitated as the ‘Visionary Business and Banking Leader’ by National Real Estate Development Council (NAREDCO), Maharashtra Chamber for Housing Industry - Confederation of Real Estate Developers' Associations of India (MCHI- CREDAI) and Federation of Hotel and Restaurant Associations of India (FHRAI) for his extraordinary contributions to Housing & Construction, Urban Infrastructure, Tourism and Hospitality sectors among others. He also received ‘Excellence in Leadership’ Award by Mahratta Chamber of Commerce, Industries & Agriculture and “Banker of the Year” award at The SKOCH Financial Inclusion and Deepening Awards, 2014 and had earlier received The Asian Banker CEO Leadership Achievement Award for India, 2013. He has also received the 2013 Godfrey Phillips ‘National Special Social Award’ for actively driving the vision of Responsible Banking and the Distinguished Entrepreneurship Award at the PHD Chamber Awards for Excellence in 2012 and 2007. He was acknowledged as the Best Indian Banker (Mid Size) at The Sunday Standard Best Banker’s Awards consecutively in 2012 and 2013, Best Banker Award at the Rajiv Gandhi Excellence Awards in 2013, BS Banker of the Year 2011 by Business Standard, and received the Entrepreneur of the Year award at the Asia Pacific Entrepreneurship Awards 2011. He was conferred The Bombay Management Association ‘Entrepreneurial Banker of the Decade’ award and was ranked the 2nd Most Valuable Indian CEO of the Year (Large-sized category) by Businessworld Magazine in November 2011. Mr. Kapoor received the Indian Business Leader of the Year award at the FICCI-Horasis Global Indian Business Meeting 2010 in Spain, and was awarded the Start-up Entrepreneur of the Year 2005 at the Ernst & Young Entrepreneur of the Year Awards.
Prior to establishing YES BANK, Rana Kapoor was CEO & Managing Director, and main Managing Partner of Rabo India Finance (RIF) Pvt. Ltd. (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 assiduously built RIF as a Professional Entrepreneur from 1998-2003. Thereafter he sold his shareholdings to Rabobank, Netherlands, in early 2003.
Prior to starting Rabo India, he was the General Manager & Country Head: ANZ Grindlays’ Investment Bank (ANZIB, from 1996-98). He 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 at Bank of America, amongst several other enterprising achievements.
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