According to an official release, YES BANK announced the appointment of Tushar Patankar as Chief Risk Officer (CRO).
In his role, Patankar is expected to be responsible for enterprise risk, credit policy, market risk, operations risk management (ORM), information security and all other Pillar II risks of the Bank. It is believed that Patankar will be based at YES BANK House, Mumbai, the registered office of the Bank.
Furthermore, Patankar joins YES BANK from L&T Financial Services where he last served in the capacity of Group Chief Risk Officer managing Retail, Microfinance, Corporate, Infrastructure, Real Estate, and Mutual Fund across over 1,800 locations, as per insights from the official release.