Ravneet Gill, Deutsche bank chief to take charge of Yes Bank: 5 interesting facts about him

ZeeBiz WebTeam | Jan 24, 2019, 04:40 PM IST

Yes Bank on Thursday announced Ravneet Gill as its new CEO and MD! All eyes have been watching Yes Bank since September 2018, when RBI shockingly asked it to end tenure of the then chief Rana Kapoor. Gill will now overtake from Kapoor from March 2019. The bank in its December 2018 (Q3FY19) result made this announcement. Here are a few interesting facts about the new Yes Bank CEO and MD:


1. Gill has been the Chief Executive Officer of India at Deutsche Bank AG, India since August 1, 2012. He was also the member of the bank’s Asia-Pacific executive committee. Image source: Facebook profile


2. Gill's relation with Deutsche Bank goes back to early 1990s. He joined the bank in 1991 leading sections like capital markets and treasury solutions. This means Gill is finally ending his 28 years of relation with Deutsche Bank.Image source: Facebook profile


3. Gill has more than 30 years of experience in segments like structured financing, foreign exchange, transaction banking, risk management and private banking. He completed his master's degree from Hindu College in Delhi. Image source: Facebook profile


4. Yes Bank had received approval from RBI for the tenure of its current MD&CEO till January 31, 2019 and for appointing a successor by February 01, 2019. Image source: Facebook profile



5. However, now that Gill will take charge from March 01, 2019, this means that an interim CEO will be appointed shortly for one month in Yes Bank. The Board will convene on January 29, 2019 to finalize the interim transition. Image source: Facebook profile