YES Bank MD and CEO Rana Kapoor recently received the prestigious India Talent Management Award at the 13th edition of the CNBC-TV18 India Business Leader Awards. Kapoor, who is also the Chairman of YES Global Institute, was felicitated by Union Minister of Electronics & IT and Law & Justice, Ravi Shankar Prasad, at a ceremony held in New Delhi on April 11.
The awards seek to recognise business leaders who create and sustain entrepreneurial initiatives, develop best practices for their industries and drive powerful businesses in the global economy.
Commenting on this honour, Kapoor said, “The CNBC Asia's India Talent Management Award is a reinforcement of our laser-sharp focus on professional entrepreneurship, human capital and innovation. Recognitions such as these reiterate the bank’s commitment to invest in the future of YES BANKers by enhancing each individual’s capability, capacity and confidence, thereby equipping them with skills to succeed in tomorrow’s workplace and economy.”
Over the last few years, YES Bank, India’s fourth largest private sector bank, has helmed a number of innovative talent acquisition and retention programmes. For instance, one of its flagship initiatives, Y-PEP (YES-Professional Entrepreneurship Program), aims to hire management professionals directly from premier Indian business schools and select foreign universities. The YES Transformation Series, India’s largest case study challenge, offered business school students an opportunity to work on real-life challenges faced by the financial sector.
With greater emphasis on learning, development and continuous improvement in employees’ skillsets, technology and service quality, the YES School of Banking (YSB) was set up in 2007 to ensure conceptualisation and deployment of learning solutions that meet business, employee and customer requirements.
According to Kapoor, their vision is “to build the capacity, capability and confidence of our human capital for making YES Bank the best large bank in India by 2020”.
He adds, “A new paradigm for tech-based companies, and in particular, companies of the future is to build scalable and sustainable talent acquisition, development and retention programmes. As one of the fastest-growing banks in India, it is our constant endeavor to engage skill and mentor talent, and channelise their entrepreneurial spirit for solutions that are ‘future-ready’.
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