The document provides a summary of Rana Kapoor's career and background. It states that he is the founder, managing director and CEO of Yes Bank in India. It details his educational background, starting his career at Bank of America for 16 years before joining ANZ Grindlays Investment Bank. In 2003, he was granted a license by RBI to set up Yes Bank with the vision to build one of the best quality banks in India. As of 2012, he continues to lead Yes Bank as its Managing Director and CEO.

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Date: 05th October, 2016

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Rana Kapoor
M.D. & CEO- YES BANK
Rana Kapoor (born 9 September 1957) is the founder, managing
director and CEO of Yes Bank, which is a private sector bank in India,
with its registered office in Mumbai. He has been an entrepreneur since
2003.
Early Life & Education
Kapoor was born and was brought up in New Delhi. He completed his
schooling from Frank Anthony Public School in 1973 and went on to earn a Bachelor’s degree (in
Economics Honours) from Shri Ram College of Commerce (1977). He then obtained his MBA degree
from Rutgers’ University in New Jersey, USA (1980). Kapoor received an Honorary Fellowship from
All India Management Association (AIMA), the President’s Medal from Rutgers University, a
"Doctorate" in Science (Honoris Causa) from G B Pant University of Agriculture & Technology.
Career
In 1980, Kapoor joined Bank of America (BoA) as a Management Trainee. In 1990 he was presented
the Eagle Pin by the Chairman of Bank of America. He eventually went on to head the Bank’s
Wholesale Banking business which included several assignments in Asian countries. Kapoor worked
at BoA for about 16 years, till 1996, managing the Bank's corporate, government and financial
institution clients. He was awarded the Chief Executive Officer's Award by the Chairman of Bank of
America for his performance. In 1996, Kapoor joined ANZ Grindlays Investment Bank (ANZIB) as
General Manager & Country Head. He worked there for two years, till 1998.
In February 1995, a team from Rabobank arrived in India, scouting for opportunities. Kapoor, his
brother-in-law Ashok Kapoor and Harkirat Singh made a proposal to the visiting team for two joint
ventures: a non-banking financial company and a bank. During the next year, Kapoor held meetings
with the Rabobank executives in India, Singapore and the Netherlands. The NBFC was set up 1997,
with the three Indian partners chipping in with an equity capital of ₹ 9 crore each. In 2003, the three
sold their stake for $10 million each, generating the seed fund for the bank. In 2003, the team was
granted a banking licence by the Reserve Bank of India (RBI) to set up Yes Bank. They established
Yes Bank with the vision of "Building the Best Quality Bank of the world in India" by 2015. Rana
Kapoor held 26% stake in Yes Bank, Ashok Kapoor held 11%, and Rabobank International held 20%
stake. Ashok Kapoor died in 2008.
In 2005, Kapoor was declared Ernst & Young's Start-up Entrepreneur of the Year. As of 2012, Kapoor
is the Managing Director and CEO of Yes Bank.
Personal Life
Kapoor resides in Mumbai, and is married to Bindu Kapoor. Have 3 daughters Radha, Rakhee &
Roshini.