Monday, March 12, 2007

Yes Bank appoints Deodutta Kurane as President-Human Capital

Yes Bk appoints Deodutta Kurane as President-Human Capital

2007-03-02 12:30:32 Source :

YES BANK, India’s new age private sector Bank, today announced the appointment of Deodutta R Kurane as the President – Human Capital.

Deodutta in this top leadership position will be directly reporting to the Founder/Managing Director & CEO, Rana Kapoor and will be spearheading the Human Resources function. He will be responsible for implementing innovative HR practices that will identify and nurture talent, evaluate employee contribution and establish action plans for empowering employees across the organisation. His experience and expertise will enable YES BANK to relentlessly work towards its defined objective of becoming the most preferred employer in the Indian Financial Services sector. This reflects the Bank’s pursuit to build the World’s Best Quality Bank in India and create an institution of enduring trust and value.

Deodutta is a Gold Medalist in Industrial Relations and Welfare from the Xavier Labour Relations Institute (XLRI), Jamshedpur and brings with him over 25 years of work experience in diverse facets of HR. He has worked with leading organizations like Bajaj Allianz Life & General Insurance Company Ltd, Bharat Forge Ltd. and Ruston & Hornsby (I) Ltd.

Prior to joining YES BANK, Deodutta was responsible for developing and executing the HR strategy at Bajaj Allianz as the Head – HR. He was instrumental in developing a strong performance culture in the organisation along with an effective reward and recognition system. One of his key achievements at Bajaj Allianz was in the area of learning and development with online and offline training programs and leadership development initiatives. Deodutta has successfully conceptualised and implemented an HR IT system at Bajaj Allianz, prior to which, he was with Bharat Forge Ltd,Pune.

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