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Yes Bank to appoint 3 top management executives as whole-time directors

By Religare

Private sector lender Yes Bank on Friday said it will seek Reserve Bank of India's (RBI) nod to appoint three top management executives as whole-time directors on the board.

The three executives-- Rajat Monga, Sanjay Palve and Pralay Mondal—will help further build and strengthen the institutional and professional character of Yes Bank as the "Professionals Bank of India", said Yes Bank in a filing to the BSE on June 28, 2013.


Yes Bank, however, remained silent on the appointment of Shagun Gogia on the board. Gogia, the daughter of deceased co-founder Ashok Kapur, has so far been denied entry to the board by Yes Bank on grounds that she doesn't meet RBI's fit and proper criterion.

Read more about: yes bank
Story first published: Friday, June 28, 2013, 22:57 [IST]
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