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Yes Bank hires headhunter Korn Ferry to assist search panel for new CEO

Press Trust of India  |  New Delhi 

Yes Thursday appointed US-based to assist an expert panel searching for a successor to outgoing MD and

The had invited proposal from four global leadership advisory firms specialising in and to assist its five-member expert committee in identifying a new

Kapoor, the founder and promoter of the bank, has been asked by the Reserve to step down after January 2019.

Based on assessments and presentations made by these global advisory firms, the Search and has mandated to assist the committee in evaluating candidates, said in a statement.

The Search and is headed by Independent

Other members include (Retd) -Independent Director, Subhash Chander Kalia, Non-Executive Non-Independent Director, Vijayan, former of and and O P Bhatt, former chairman,

All the members of the were present in Thursday's meeting to hire the

The other three firms invited by the bank were Egon Zender, and Heidrick & Struggle. However, Egon Zender did not participate in the presentation.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, October 11 2018. 22:00 IST