Tilakraj Pandey Assumes Role as CEO of Nepal Bank Limited

In a significant development for Nepal Bank Limited, one of the country's most esteemed financial institutions, Tilakraj Pandey has been named the Chief Executive Officer (CEO). This appointment follows a recent meeting of the bank's board of directors, marking a new chapter in the bank's leadership.

Appointment Details and Tenure

• Appointee: Tilakraj Pandey
• Position: Chief Executive Officer (CEO)
• Tenure: 4 years from the date of appointment

Background of the Appointment

Tilakraj Pandey steps into this pivotal role after the retirement of Krishna Bahadur Adhikari. In the interim period, Samata Pant had been serving as the acting chief executive officer. The selection process saw Pandey triumph over other strong candidates, including Pant, showcasing his depth of experience and leadership capabilities.

Pandey's Professional Journey

• Former Position in Nepal Bank: Pandey previously held the position of chief manager at Nepal Bank Limited, bringing a wealth of institutional knowledge to his new role.
• Experience: His tenure at Nepal Bank included responsibilities as a credit department head and branch manager, offering him a comprehensive understanding of the bank's operations.
• Other Leadership Roles: Prior to this appointment, Pandey contributed his expertise as the Deputy Chief Executive Officer at Vivaor Bikas Bank, further solidifying his leadership experience in the banking sector.

Pandey's Competitors for the Role

The process was competitive, with other notable candidates including Ashok Paudel, previously shortlisted as the executive director of Nepal Rastra Bank, acting CEO Lakshman Paudel, and Dhruv Chandra Gautam, the bank's deputy CEO. Despite the stiff competition, Pandey's credentials and history with the bank positioned him as the optimal choice for the CEO position.