YES BANK wins the coveted Golden Peacock Global Award for Sustainability
15th November 2012
Mumbai, November 15, 2012: YES BANK, India's fourth largest private sector Bank, has been awarded the prestigious Golden Peacock Global Award for Sustainability, 2012 at the London Global Convention and Golden Peacock Awards presentation held in London. The award was based on three key parameters - Responsiveness of organizational strategy to needs of different stakeholders, Integration of Sustainable Development issues with corporate functioning and Development of innovative partnership models to fulfill social responsibility.
On receiving the accolade, Rana Kapoor, Managing Director & CEO, said, "This Award is a strong endorsement of YES BANK's mainstreaming sustainable finance and value creation through customized financial solutions. This eminent recognition has come at an opportune time when sustainable development and social responsibility are becoming critical elements for businesses in India. It positions YES BANK alongside the best Sustainable Businesses in India and potentially in the world."
About the Golden Peacock Awards 2012
The Golden Peacock Awards, instituted by Institute of Directors in 1992, are now regarded as holy-grail of Corporate Excellence worldwide. Today Golden Peacock Awards Secretariat receives over 1,000 entries per year for various National and Global awards, from India and over 25 countries worldwide. The Golden Peacock Awards Committee is chaired by Justice P.N. Bhagwati, former Chief Justice of India and acting Chairman, UN Human Rights Committee. The Award applications are assessed at 3 three levels by independent assessors and finally by a grand Jury. The Global Awards are finalized by a Jury headed by Dr Ola Ullsten, former Prime Minister of Sweden. The Award Scheme for Sustainability has been instituted to encourage initiatives in promoting sustainable development. The aim of Golden Peacock Global Award for Sustainability is to stimulate and help organisations to rapidly accelerate the pace of stake-holder oriented improvement process. The preparation for the award helps to inspire and align the entire work force, and management functions to this end.
About YES BANK
YES BANK, India's fourth largest private sector Bank, is the outcome of the professional & entrepreneurial commitment of its Founder, Dr. Rana Kapoor and his top management team, to establish a high quality, customer centric, service driven, private Indian Bank catering to the Future Businesses of India. YES BANK has adopted international best practices, the highest standards of service quality and operational excellence, and offers comprehensive banking and financial solutions to all its valued customers. YES BANK has a knowledge driven approach to banking, and a superior customer experience for its retail, corporate and emerging corporate banking clients. YES BANK is steadily evolving as the Professionals' Bank of India with the vision of "Building the Best Quality Bank of the World in India" by 2015.
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