Prabhu Bank has appointed Kishor Jung Karki as its new Chairman, while Ramesh Raj Aryal has been named an independent director, completing the bank’s seven-member board.
Kishor Jung Karki has been appointed as the Chairman of Prabhu Bank. The decision was made during the board meeting held on Asar 19. Karki, who was already serving as a director, has now been selected to lead the board.
The position had been vacant since Chaitra 12, following the end of former Chairman Lila Prakash Sitaula’s four-year tenure.
Additionally, Ramesh Raj Aryal from Gokarneshwor Municipality–7, Dakshin Dhoka, Kathmandu, has been appointed as the bank’s independent director. Aryal is the former CEO of Kumari Bank and brings over three decades of experience in the banking sector. He has previously served as CEO of both NCC Bank and Kumari Bank and has also led successful mergers. He holds an MBA with first division from Shanker Dev Campus
With this appointment, Prabhu Bank’s seven-member board is now complete. Chairman Karki, who previously represented public shareholders on the board, now leads alongside directors representing the founder shareholders: Angir Man Singh, Brikh Bahadur Basnet, and Ambika Sharma. Representing public shareholders are Suraj Kumar Shrestha and Raju Paudel.
Independent expert director Aryal was appointed on the same day, Thursday.
Karki is a retired joint secretary of the Government of Nepal and has served in several key institutions including the Department of Money Laundering Investigation, Inland Revenue Department, Commission for the Investigation of Abuse of Authority (CIAA), and the Ministry of Finance. Born in Okhaldhunga, he holds a Master’s degree in Public Administration and is recognized in the civil service for his discipline and excellence.
This article was originally published on https://bajarkochirfar.com Translated with the help of AI and reviewed by our editorial team.
