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Ravneet Gill to take over from Rana Kapoor as YES Bank's MD & CEO

Bank's senior group president says Jan 29 board meeting will decide whether an interim CEO will be brought in for the gap between Kapoor's end of term and Gill joining the bank

YES Bank Photo: Reuters
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YES Bank Photo: Reuters

Nikhat Hetavkar Mumbai
Ravneet Singh Gill, managing director of Deutsche Bank, will become YES Bank's managing director and chief executive, said the private sector lender in a filing to the exchanges. Gill will join the bank on or before March 1, 2019. 

The bank has received the Reserve Bank of India's (RBI's) approval for the same. "The board will convene on January 29, 2019, to finalise the interim transition," it said.

In October, the RBI had refused to give incumbent CEO Rana Kapoor an extension to his term. He will be in office till January 31, 2019.  

"As we look ahead, the