Mr. Gyanendra Prasad Dhungana To Be Appointed As New CEO Of Nabil Bank?

Nabil Bank Limited (NABIL) and Nepal Bangladesh Bank Limited (NBB) inked an agreement for the acquisition of NBB by Nabil Bank in a share swap ratio of 100:43. The agreement of acquisition by Nabil Bank was endorsed by the boards of both banks on Poush 29, 2078.

Recently, a special general meeting of Nabil Bank Limited was held on Jestha 7, 2079 to finalize the procedures for the acquisition of Nepal Bangladesh Bank. In this meeting, a final scheme of arrangement/agreement was passed to approve all the works related to the acquisition.

As per the final scheme of agreement, it is clarified that the former Chief Executive Officer of the Nepal Bangladesh Bank, Mr. Gyanendra Prasad Dhungana, will be holding the post of the Chief Executive Officer of Nabil Bank Limited from 17 Ashad, 2079, which will be maintained after receiving the final agreement approved by the special general meeting.

At present, the Chief Executive Officer of Nabil Bank Limited is Mr. Anil Keshary Shah. Mr Shah joined Nabil Bank as general manager in April 2004 and then became the CEO in May 2005. On 21 June 2018, he was again appointed as the CEO of Nabil Bank.

Mr. Gyanendra Prasad Dhungana retired from his role of CEO in Nepal Bangladesh Bank on Poush 16, 2078 while Mr. Bhupendra Pandey was appointed as SR. Deputy CEO on Magh 1, 2078.