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Yes Bank has appointed Ashok Chawla as non-executive director

Ashok Chawla, the former Competition Commission of India Chairman has been appointed by the Yes Bank as its non-executive director.

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

It said that “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.”

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