Rana Kapoor
Dr. Rana Kapoor (born 9 September 1957) is the co-founder, Managing Director & CEO of YES BANK, which is the 4th largest private sector bank in India, with its registered office in Mumbai. He has been an entrepreneur, since 2003.
Early life and education
Dr Rana 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, University of Delhi (1977). He then obtained his MBA degree from Rutgers’ University in New Jersey, USA (1980). Later, 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.
Banking career
Kapoor applied to three banks after passing out of Rutgers: Citi, ANZ Grindlays and Bank of America. According to him, he was shortlisted by ANZ Grindlays, but finally rejected in favour of two other candidates who were the sons of senior bureaucrats. In 1980, he 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 1985, 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, Rana Kapoor joined ANZ Grindlays Investment Bank (ANZIB) as General Manager & Country Head. He worked there for two years, till 1998.