Mumbai, November 21, 2023: YES BANK today announced the appointment of Mr. Tushar Patankar as Chief Risk Officer (CRO).
In his role, Mr. Patankar will be responsible for Enterprise Risk, Credit Policy, Market Risk, Operations Risk Management (ORM), Information Security and all other Pillar II risks of the Bank. Mr. Patankar will be based at YES BANK House, Mumbai, the registered office of the Bank. He will report to Mr. Prashant Kumar, Managing Director & CEO, YES BANK and will take formal charge as the CRO of the Bank w.e.f.December 1, 2023.
Mr. Patankar holds nearly three decades of diversified experience in risk management and has front-ended business expansion roles encompassing segments such as Retail (urban and rural products), Micro Finance, Corporate (conglomerates, MNCs and large Indian firms), Institutional Finance, Infrastructure, Real Estate, SME, Market Risk as well as growth management portfolios across leading foreign banks, private banks and NBFCs.
Mr. 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. In his previous roles, he has been associated with organisations like ANZ, HSBC, ABN AMRO, IDFC First Bank, Bajaj Finance and Mashreq Bank.
About YES BANK
YES BANK is a full-service commercial bank providing a complete range of products, services, and technology-driven digital offerings, catering to retail, MSME, and corporate clients. YES BANK operates its investment banking, merchant banking, and brokerage businesses through YES SECURITIES, a wholly-owned subsidiary of the Bank. Headquartered in Mumbai, it has a Pan-India presence including an IBU at GIFT City and a Representative Office in Abu Dhabi.
