Deutsche Bank's Ravneet Gill in race for top job at Yes Bank, says report

The chief executive officer of Deutsche Bank’s India operation, Ravneet Gill has joined the race to succeed Rana Kapoor as the CEO of Yes Bank, sources familiar with the development told The Economic Times.

CNBC-TV18 independently confirmed the news report.

The private lender, which has time till February 1 to choose a managing director and CEO for the bank, sent its recommendations to the Reserve Bank of India (RBI) after its board meeting on January 9, the report said.

The bank has not disclosed the names of the candidates.

Former MD and CEO of Max Life Insurance, Rajesh Sud, pulled out of the race for the top job, the report said, adding that Yes Bank’s executive director Rajat Monga is still in the race to head the bank.