Lumbini Bikas Bank Welcomes Mr. Suman Acharya As New Deputy CEO; Brings More Than 22 Years of Banking Experience To His New Role

Lumbini Bikas Bank Limited (LBBL) has appointed Suman Acharya as its Deputy Chief Executive Officer. With effect from the 3rd Baisakh 2080, the company has appointed Acharya as Deputy Chief Executive Officer.

Mr. Acharya has his MBA degree from Tribhuvan University and has 22 plus years of banking experience with several banks and merchant banks in their senior level management positions, as per the media statement.

With over 22 years of in-depth expertise in Nepal's commercial banks in the areas of credit portfolio management, liability management and transaction banking, risk management, integrated banking operations, and human resource management, Acharya is a goal-oriented and adaptable professional. In the banking and finance sector, he has held a number of leadership positions and has a demonstrated track record of successfully managing credit portfolios, creating policies and guidelines, establishing branches, departments, and teams, handling crises, growing deposit volumes and adhering to regulatory requirements. As a competent troubleshooter with a demonstrated capacity to handle complexity, he is also good at making thoughtful business decisions that promote excellence.

Suman Acharya graduated from Tribhuvan University with a master’s in business administration degree. He was also awarded the Krishna Chandra Regmi Award for the best thesis by Kirtipur's Central Department of Management.

His banking career began in 2000 when he joined Nepal Credit and Commerce Bank Limited as a management trainee. He has also held the positions of chairman, director, and chief executive officer of Civil Capital Market Limited. He has held positions in top management at a number of banks and financial organizations, in addition to serving as Assistant General Manager at Civil Bank Limited and serving as Chief Loan Officer.