Yes Bank on Monday said it has received approval of shareholders to re-appoint Rana Kapoor as Managing Director and CEO of the bank.The approval was given at the 10th annual general meeting (AGM) of the bank held here on Saturday.
“The shareholders approved the re-appointment of Rana Kapoor as Managing Director and CEO,” a Yes Bank statement said. The bank said all resolutions were approved with significant majority, reflecting over 98 per cent support from shareholders.
The appointments of lt Gen (Retd) Mukesh Sabharwal, Brahm Dutt, Radha Singh, Saurabh Srivastava and Vasant V Gujarathi as independent directors were also approved during the meeting.