Yes Bank said Chawla's appointment is for a period of three years, with effect from the date of joining the bank.
"Chawla will take charge as Non-Executive Part-time Chairman of the bank with effect from October 30, 2016 upon the expiry of the term of the current Chairperson, Radha Singh," Yes Bank said in a release.
He was appointed as an independent director on the Board of Yes Bank on March 5, 2016.
With over 40 years of experience as a civil servant, he held various secretarial jobs with the central government. He also worked with various multilateral bodies and headed public sector enterprises.
Currently, he is the Chairman of NSE and chairs the governing council of The Energy and Research Institute (TERI).