Tuesday, November 29, 2011

RBB gets new board, NBL to get soon

Rastriya Banijya Bank (RBB) has got a new board under the leadership of Narhari Dhakal.
The new board — appointed by the current government led by Prime Minister Dr Baburam Bhattarai — took the oath of secrecy of the office amid a ceremony today.The wholly state-owned bank has been a centre for appointment for the cadres of successive governments.
Chairman of the board Dhakal is a development economist, who has more than 25 year long experience in working in financial sector restructuring and establishment across many Asian countries, according to the Rastriya Banijya Bank that has been on search of chief executive since its last chief executive Janardan Acharya's term expired.
Though the government started the process of new chief executive appointment, the anti-graft body has stopped the process after an unsatisfied candidate complained.The other members of the RBB board appointed today include Shanta Raj Subedi, Bishnu Das Dangol, Bal Chandra Shrestha and Pitri Bhakta Pokharel.Similarly, another partly government-owned Nepal Bank Ltd is also gearing up for the change in the board due to the pressure from the government-affiliated union in the bank.
At present, NBL's board is headed by Keshav Khadka with Pramod Raj Sharma, Ramesh Prasad Upadhayay and Surendra Mani Tripathi — who were appointed by the former government of CPN-UML, but with the change in the guard of government, the UCPN-Maoist affiliated union in the oldest bank of the country has forwarded the name of Dr Bharat Shrestha to head the board with Kamala Hyachuri, Dinanath Pathak, Bhawanath Upadhayay.

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