Rana Kapoor

At 67 years old, Rana Kapoor has this physical status:

Kapoor joined Bank of America (BoA) as a management trainee in 1980, and was presented with an eagle pin by the chairman two years later. He eventually went on to head the wholesale banking business which included several assignments in Asian countries. Kapoor worked at BoA for about 16 years, till 1996, where he managed corporate, government and financial institution clients.

Kapoor later joined ANZ Grindlays Investment Bank (ANZIB) as general manager & country head in 1996. He worked there for two years, until 1998.

In February 1995, a team from Rabobank arrived in India, scouting for opportunities. Kapoor, his brother-in-law Ashok Kapoor and Harkirat Singh made a proposal to the visiting team for two joint ventures: a non-banking financial company and a bank. During the next year, Kapoor held meetings with the Rabobank executives in India, Singapore and the Netherlands. The NBFC was set up in 1997, with the three Indian partners chipping in with an equity capital of ₹90 million (equivalent to ₹390 million or US$4.9 million in 2020) each. In 2003, the three sold their stake for $10 million each, generating the seed fund for the bank. In 2003, the team was granted a banking license by the Reserve Bank of India (RBI) to set up Yes Bank. They established Yes Bank with the vision of "Building the Best Quality Bank of the world in India" by 2004.

Rana Kapoor held 26% stake in Yes Bank, Ashok Kapur held 11%, and Rabobank International held 20% stake. Ashok Kapur died in 2008 in Mumbai 26/11 attacks.

In 2005, Kapoor was named Ernst & Young's Start-up Entrepreneur of the Year.

In January 2017, Bloomberg noted that with the rising share price of Yes Bank, Kapoor had become a billionaire.

In September 2018, Yes Bank announced that they had ordered Kapoor to step down from his CEO position in January 2019. In July 2019, the Times of India reported that with a 78% drop in the Yes Bank share price since August 2018, Kapoor's net worth had fallen by over a billion to $377 million.

Source

• AAAI felicitated Kapoor with the award for pioneering banking & financing solutions to the Media and Communications Industry in the year 2018
• Asian Banker CEO Leadership Achievement Award for India during the 3-Year period, 2011-2013
• Entrepreneurial Banker of the Decade by Bombay Management Association in 2001-2010
• Best CEO-BFSI Hall of Fame:2014 IMM-JJ Awards for Excellence
• Received the SKOCH Award for significant contributions to Public Policies for Infrastructure Growth and National Development (2015)
• Exemplary Contribution To Entrepreneurship & Innovation by London Business School