YES Bank Limited Appointment of Part-time Chairman of the Bank (0303A)
20 Setembro 2022 - 11:09AM
UK Regulatory
TIDM16ER
RNS Number : 0303A
YES Bank Limited
20 September 2022
YBL/CS/2022-23/19
September 20, 2022
India International Exchange The Singapore Exchange Securities
IFSC Limited Trading Limited
101 First Floor, Hiranandani Signature 2, Shenton Way #19-00
Tower, SGX Centre 1, Singapore 068804
GIFT City IFSC - 382355, Gujarat,
India
The London Stock Exchange
10, Paternoster Square,
London, EC4M 7LS
Dear Sirs/Madam,
Sub: Appointment of Mr. R. Gandhi as the Part-time Chairman of
the Bank
In terms of the Indian Listing Regulations, we are pleased to
inform that as recommended by the Board of Directors of the Bank,
the Reserve Bank of India ("RBI") vide its letter dated September
20, 2022, has approved the appointment of Mr. Rama Subramaniam
Gandhi (DIN: 03341633 ) as the Non-Executive (Part-time) Chairman
of the Bank under Section 10B(1A)(i) of the Banking Regulation Act,
1949 for a period of three (3) years effective from today i.e.
September 20, 2022.
The brief profile of Mr. R. Gandhi is given in Annexure 1.
Further, please note that Mr. R. Gandhi is not related to any
other Directors or Key Managerial Personnel of the Bank and he is
not debarred from holding the office of a director, by virtue of
any SEBI order or any other such authority/regulator.
The above is for your information and dissemination to all
concerned.
Thanking you,
Yours faithfully,
For YES BANK LIMITED
Shivanand R. Shettigar
Company Secretary
Encl: As above
Annexure 1
Brief Profile of Mr. R Gandhi
Mr. Gandhi is currently a financial sector policy expert and
adviser. Currently, he advises banks, finance companies, fintech
entities, payment system entities, investors and funds on subjects
ranging from financial regulations and Indian economy. He is an
independent director on the boards of several financial sector
entities like bank, market infrastructure, account aggregator,
information utility and fintech, among others. He is a prolific
speaker and covers, including these areas, wide range of
subjects.
Mr. Gandhi was a Deputy Governor of the Reserve Bank of India
for three years from 2014 to 2017. He had been a seasoned and
accomplished central banker for 37 years. He had a three year
secondment to the Securities and Exchange Board of India (SEBI),
the capital market regulator. He also held the charge of Director
of the Institute for Development and Research in Banking Technology
IDRBT), Hyderabad.
Mr. Gandhi has been associated with various committees, working
groups and task forces, both domestic and international. He was one
of the initial members of the Monetary Policy Committee (MPC). He
was a member of the Basle Committee on Banking Supervision (BCBS)
and the Committee on Global Financial Systems (CGFS), Basle.
Mr. Gandhi has been educated in India and abroad. He has a
master's degree in Economics from the Annamalai University, in
Tamil Nadu, India. He also has post graduate level certificates in
Management Information System from The American University,
Washington DC, USA and in Capital Market from the City University
of New York, New York, USA. His technical education includes a
certificate course in System Programming from the IBM Education,
Sydney, Australia. He also has a certificate in Gandhian Thoughts
from the Madurai University, Tamil Nadu, India.
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END
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September 20, 2022 10:09 ET (14:09 GMT)
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