REG - YES Bank Limited - Appointment of Additional Independent Director

Yes BankAnnouncement

25/07/2022 07:00

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RNS Number : 5229T  YES Bank Limited  23 July 2022

YBL/CS/2022-23/Int/13

 

July 23, 2022

 

 India International Exchange IFSC Limited       The Singapore Exchange Securities Trading Limited

 101 First Floor, Hiranandani Signature Tower,   2, Shenton Way #19-00

 GIFT City IFSC - 382355, Gujarat, India         SGX Centre 1, Singapore 068804
 The London Stock Exchange

 10, Paternoster Square,

 London, EC4M 7LS

 

Dear Sirs,

 

Sub.:  Appointment of Additional Independent Director - Indian Listing
Regulations

 

We are pleased to inform that the Board of Directors of the Bank at their
meeting held today i.e. July 23, 2022 has approved the appointment of Mr. Rama
Subramaniam Gandhi (DIN: 03341633
(https://www.mca.gov.in/mcafoportal/companyLLPMasterData.do) ) as an
Additional Independent Director of the Bank for a period of five (5) years
effective from today i.e. July 23, 2022, subject to approval of shareholders.

 

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. He was born in 1956.

 

 

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