Ravneet Singh Gill to be Yes Bank MD, CEO
India | January 24, 2019 18:08 ISTDeutsche Bank India CEO Ravneet Singh Gill has been named the new MD and CEO of Yes Bank with effect from March 1.
Deutsche Bank India CEO Ravneet Singh Gill has been named the new MD and CEO of Yes Bank with effect from March 1.
The move was necessitated following the resignation of Ashok Chawla from the post last month. The bank, however, did not disclose the candidate’s name.
The Yes Bank board had sought at least a three-month extension for Kapoor from the RBI beyond January 31, 2019.
His present term ended on August 31. However, the RBI had allowed him to continue till further notice.
With reports of security breach at some ATMs forcing banks to block over 32 lakh debit cards, the Reserve Bank of India (RBI) intervened into the matter and asked banks to replace debit cards whose security is suspected to have been compromised.
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