Yes Bank shares: Shares of India\u2019s major private sector lender Yes Bank surged by 6% in the morning trade, after the firm announced yesterday that it has appointed headhunter Kon Ferry to assist in finding CEO Rana Kapoor\u2019s successor. Yes Bank shares zoomed more than 6% to hit an intra-day high of Rs 254.4. The bank had invited proposals from four global leadership advisory firms specialising in banking and finance sector to assist its five-member expert committee in identifying a new CEO to succeed Yes Bank. \u201cBased on assessments and presentations made by these global advisory firms, the Search and Selection Committee has mandated Korn Ferry to assist the committee in evaluating candidates,\u201d Yes Bank said in a stock exchange filing.\u00a0Notably, this is the fourth consecutive day of rally in Yes Bank shares. Also read:\u00a0Share market LIVE updates: Sensex soars 600 points; Nifty reclaims 10,400; financials, auto stocks lead gains Earlier, Yes Bank shares had plunged by nearly 50% from their 52-week highs after RBI\u2019s decision to cut short CEO Rana Kapoor\u2019s tenure. On September 17, RBI curtailed the CEO\u2019s term to January 31, 2019 without citing any reasons. \u201cWhile the near term uncertainty will remain till the new management takes charge and enunciates the business strategy, we believe that post sharp correction the stock is trading at reasonable valuations. We maintain our BUY rating with a target price of Rs 350,\u201d Motilal Oswal said in a note. However, now Yes Bank shares have recovered from significantly from their 52-week lows of Rs 165. The firm has also been in the news as media reports have said that YES Bank\u2019s two promoters \u2013 Rana Kapoor and Madhu Kapur in talks to reach an out-of-court settlement. . The move is said to remove uncertainties surrounding the bank\u2019s succession plans.