Axis Bank Ltd. has brought in Yatin Ashtekar as senior vice president and head of technology risk, betting on deep audit muscle as banks race to secure increasingly digital balance sheets. Ashtekar takes charge at a moment when technology risk has moved from the back office to the boardroom. His remit spans enterprise-wide technology risk management, regulatory compliance and the secure adoption of emerging technologies, with oversight of IT risk assessments, KRIs, RCSAs and remediation across the bank.
With over 25 years in technology, audit and cyber security, Ashtekar arrives with a resume built for scrutiny-heavy environments. Most recently, he was group executive vice president at Yes Bank, where he helped shape audit strategy, internal audit policy and risk-based audit plans, and drove digitisation of audit processes using automation, AI and data analytics. Earlier stints include vice president roles at Kotak Mahindra Bank, where he presented risk-based audit plans to board committees, and leadership positions at RBL Bank and AGS Transact Technologies, where he served as ciso and group head for risk and compliance.
His career also spans consulting at KPMG and large-scale infrastructure programme delivery for global clients at HP. Ashtekar's technical credentials mirror his operational depth, with certifications across information security, risk, audit and project management, including cissp, cciso, ceh and iso lead auditor qualifications. At Axis Bank, he is expected to build and mentor a high-performing technology risk team while ensuring alignment with RBI master directions, CERT-In, NPCI and global standards.
