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.