Dr. Rana Kapoor takes over as ASSOCHAM New President

RanaKapoorDr Rana Kapoor is the Founder, Managing Director & CEO of well known Yes Bank has taken over as new President of the Associated Chamber of Commerce and Industry of India (ASSOCHAM) with effect from Saturday 20th July,2013 following the conclusion of chamber’s 92nd Annual General Meeting in New Delhi.

Dr. Rana holds a MBA degree from Rutgers’ University in New Jersey, U.S.A. (1980), and a Bachelor’s degree in Economics (Honours) from the University of Delhi (1977) took the presidentship of ASSOCHAM from Mr. Rajkumar Dhoot, Managing Director of Videocon Group who laid down the office of ASSOCHAM presidentship following completion of his tenure.

As a professional entrepreneur, since 2003, he is progressively establishing a high quality, state-of-the-art private Indian Bank with a vision of “Building the Best Quality Bank of the World in India” by 2015. Under his leadership, YES BANK has steadily evolved as the “Professionals’ Bank of India” with exemplary business and financial outcomes as evidenced in the financial results since inception, highest RoA/RoE, and the best asset quality amongst leading Public and Private Banks in India.

In his statement issue here, Mr. Dr. Kapoor said that he would promote five point agenda on securing sustainable growth for India during his presidentship of ASSOCHAM in 2013-14 which include economic security, livelihood security, energy security, ecological security and national security.

Dr. Sunil Kanoria and Mr. Sandeep Jajodia have also become the ASSOCHAM Sr. Vice President and Vice President for 2013-14.