Two global firms to help BBB select, train the right men for top PSB jobs

One of the two firms, Korn Ferry, has been in the news for a mandate from YES Bank to assist in selecting a successor to Rana Kapoor

Two global personnel advisory firms, Korn Ferry and Egon Zehnder, will assist the Banks Board Bureau (BBB) to assess people for top jobs and in leadership development at public sector banks (PSBs).

A BBB functionary said Hay Consultants (part of Korn Ferry) and Egon Zehnder have already begun work in this regard.

Korn Ferry has been in the news for a mandate from private lender YES Bank to assist its board of directors' panel in selecting a new managing director and chief executive (MD & CEO), to succeed incumbent Rana Kapoor. Four entities were earlier considered for this mandate.

Hay