Nabil Bank appoints Anil Shah as the deputy CEO; Appointment until the expiry of ‘ Cooling Period’
Mr Anil Shah has been appointed as the deputy CEO of Nabil Bank Limited. The BOD meeting held on Magh 17, 2074 has taken the decision of his appointed on the post.
Mr Shah had previously contracted with Century Commercial Bank for working as a CEO of the bank. But after the resignation of Mr Sasin Joshi as the CEO, he had received offer from Nabil Bank for the vacant post. However, with the implementation of Nepal Rastra Bank’s new directive regarding 6 months cooling period, he has been unable to work on the appointed position. And Nabil Bank has appointed him as the Deputy CEO.
As per the information received, he will work as a deputy CEO until the expiry of cooling period i.e. 6 months and then he will be promoted as CEO of the bank. Rastra Bank has implemented the directive due to the risk of conflict of interest.
Mr Shah had resigned from the post of CEO of Nabil Bank 8 years ago. After that he was the CEO of Mega Bank for 2 tenures.
Mr Shah had previously contracted with Century Commercial Bank for working as a CEO of the bank. But after the resignation of Mr Sasin Joshi as the CEO, he had received offer from Nabil Bank for the vacant post. However, with the implementation of Nepal Rastra Bank’s new directive regarding 6 months cooling period, he has been unable to work on the appointed position. And Nabil Bank has appointed him as the Deputy CEO.
As per the information received, he will work as a deputy CEO until the expiry of cooling period i.e. 6 months and then he will be promoted as CEO of the bank. Rastra Bank has implemented the directive due to the risk of conflict of interest.
Mr Shah had resigned from the post of CEO of Nabil Bank 8 years ago. After that he was the CEO of Mega Bank for 2 tenures.
