India-based Yes Bank announced the appointment of Tushar Patankar as chief risk officer, effective Dec. 1.

Patankar will report to Yes Bank Managing Director and Chief Executive Prashant Kumar and be responsible for enterprise risk, credit policy, market risk, operations risk management, information security, and all other Pillar II risks of the bank.

With three decades of experience, he will join Yes Bank from L&T Financial Services, where he last served as group chief risk officer managing retail, microfinance, corporate, infrastructure, real estate, and mutual funds across more than 1,800 locations.

In his previous roles, he was associated with ANZ, HSBC, ABN AMRO, IDFC First Bank, Bajaj Finance, and Mashreq Bank.