YES Bank to submit list of CEO names to RBI after board meet on January 9

YES Bank said it had finalised its recommendation for the role of a non-executive part-time chairman in its meeting

Private lender YES Bank plans to submit the final list of candidates for the position of the managing director & chief executive officer to the Reserve Bank of India (RBI) after the next board meeting on January 9, it said in a filing to the exchanges.

The RBI in October refused to give incumbent CEO Rana Kapoor an extension to his term. He will be in office till January 31, 2019. “The Search & Selection Committee and the Board of Directors are on track to complete the said process within the stipulated timelines of the RBI,” said the bank’s filing.