Yes Bank appoints Ashok Chawla as non-executive director

, 1:17 PM IST

New Delhi: Private sector Yes Bank today appointed former Competition Commission of India Chairman Ashok Chawla as non-executive director.

The board has approved appointment of Chawla as additional non-executive director of bank with immediate effect, Yes Bank said in a statement.

“The board of Directors have further approved the proposal to seek approval from RBI for appointment of Chawla as future non-executive part-time chairman of the bank, upon expiry of term of the current chairperson in October 2016,” it said.

Chawla, a retired IAS officer, was also Finance Secretary before becoming head of CCI.