Pant elected President of NFIA
Sunil Pant has been elected as the President of the Nepal Financial Institutions Association (NFIA), a forum of CEOs of finance companies. Pant is the CEO of ICFC Finance Limited. Similarly, Rabi Chandra Gurung, CEO of Pokhara Finance Limited, has been elected as the First Vice President of NFIA, while Rajoj Man Shrestha, CEO of Central Finance Limited, has been elected as the Second Vice President. Meanwhile, Uddhab Raj Thapaliya, CEO of Nepal Finance Limited has been elected as the General Secretary, and Narayan Subedi, CEO of Manjushree Finance Limited as the Treasurer of NFIA.
Likewise, Anil Shrestha, CEO of Progressive Finance Limited, Lilamani Neupane, CEO of Shree Investment & Finance Co. Limited, Santosh Kumar Ghimire, CEO of Gurkhas Finance Limited, Rajesh Kumar Shrestha, CEO of Guheshwari Merchant & Finance Limited, Rajneesh Kumar Singh, CEO of Multipurpose Finance Limited and Dinesh Kumar Sharma, CEO of Janaki Finance Limited have been elected as board members of NFIA.
Manandhar named CEO of Prime Commercial Bank
Sanjeev Manandhar has been appointed as the CEO of Prime Commercial Bank Limited. Manandhar, who was previously the General Manager of the bank, was given the responsibility of Acting CEO after the end of the tenure of the bank’s long-time CEO Narayana Das Manandhar.
Sanjeev is a Chartered Accountant with 23 years of experience in the banking sector. He has been with Prime Commercial Bank for the last 16 years. Before that, he worked in the Financial Sector Reform Program at the Rastriya Banijya Bank implemented by the World Bank.
Nakarmi elected Chairman of Himalayan Laghubitta
Bijaya Man Nakarmi has been elected as the Chairman of Himalayan Laghubitta Bittiya Sanstha Limited. The microfinance company is a subsidiary of Himalayan Bank. Nakarmi is currently the Assistant CEO of the bank. He started his career in banking at Himalayan Bank and has nearly three decades of professional experience.
Maleku elected Chairman of Narayani Development Bank
Chandraman Maleku has been elected as the Chairman of Narayani Development Bank Limited. He was nominated as the Director of the company representing the promoter group. Maleku is the former Deputy Director of the Nepal Rastra Bank. Similarly, Pukar Thapa has been elected as the Director of the company.
Agarwal elected Chairman of Shikhar Insurance
Gaurav Agarwal has been elected as the Chairman of Shikhar Insurance Co. Limited. He was nominated after Rajendra Prasad Shrestha resigned from the company’s Chairman and Director.
Pokhrel appointed Officiating CEO of Corporate Development Bank
Bipin Raj Pokhrel has been appointed as the Officiating CEO of Corporate Development Bank Limited. Pokharel is the Deputy CEO of the bank and was given the responsibility until further arrangements after Trilok Dhowj Joshi resigned from the post of CEO.
Shrestha appointed CEO of Mountain Energy
Er. Damodar Shrestha has been appointed as the CEO of Mountain Energy Nepal Limited. Similarly, Sunil Prasad Rajbhandari has been nominated as the Director of the company after Manohar Das Mool resigned from the post.
Dahal reappointed CEO of Mero Microfinance
Ram Hari Dahal has been re-appointed as the CEO of Mero Microfinance Bittiya Sanstha Limited. A meeting of the Board of Directors of the company decided to extend his tenure for another four years.
Jha reappointed GM of Nepal Railway
Niranjan Kumar Jha has been reappointed as the General Manager of Nepal Railway Company Limited. He was first appointed to the post for the first time in August 2021.
Arafin joins Standard Chartered Bank Nepal as CFO
Md. Yasir Arafin has been appointed as the Chief Financial Officer (CFO) of Standard Chartered Bank Nepal Limited. A Bangladeshi national, Arafin earlier worked as the Head of Business Finance- CCIB of Standard Chartered Bank in Bangladesh.
Prior to this, he was the Head of Business Planning and Analysis (Senior Vice President) at BRAC Bank Limited, Dhaka, Bangladesh from 2016 to 2021. He also worked as a Senior Manager, Finance at Standard Chartered Bank, Bangladesh from 2010 to 2016. Arafin began his career in banking at BASIC Bank Limited, Dhaka. He holds an MBA degree from the University of Dhaka. He is a Fellow Cost and Management Accountant from Bangladesh and Associate Chartered Certified Accountant from ACCA-UK.
