NEW APPOINTMENTS

Baburam Sharma has been promoted to the position of Chief Executive Officer from General Manager of Venture Hire Purchase Company owned by IME Group. Sharma, who joined Venture Hire Purchase as a Business Head three and a half years ago has worked in the IME Group for over a decade and a half. He holds Master’s degree in Economics and English from Tribhuvan University and has also received an EMBA.

Santosh Prasai, Senior Deputy CEO of Mahalaxmi Prabhu Life Insurance Company has been given responsibility as the Acting CEO of after Ramesh Kumar Bhattarai resigned from the post. Prasai was CEO of Prabhu Life Insurance before the merge with Mahalaxmi.

Kushal Jung Adhikari of Jyoti Bikash Bank has been given added responsibility as Head of Marketing, Brand, Corporate Communication & Research.Earlier, he was the Head of Branding & Corporate Communication.

Surya Bahadur Tamang has been given the responsibility as the Acting CEO of the Nepal Infrastructure Bank Limited after CEO Ram Krishna Khatiwada resigned from the bank.

Dipesh Lamsal, Deputy Chief Executive Officer of Mahalaxmi Bikas Bank has been given responsibility as the Acting Chief Executive Officer after CEO Bodh Raj Devkota stepped down one year prior to the completion of his tenure.

Mandip Luitel has been appointed as the Chief Executive Officer of Global IME Capital Limited for a four-years term. Earlier, Luitel was Deputy CEO of Sanima Capital Limited. He brings over six years of experience in investment banking to Global IME Capital. An engineering graduate from Kathmandu University, he has also obtained qualifications from the Indian Institute of Management (IIM) in Mumbai.

Raju Chettri has joined Sandwich Home Solution Pvt Ltd the as Chief Executive Officer. Earlier, he was Chief Executive Officer at MAW Enterprises.

Anirudh Chaudhary has joined Dusit Thani Himalayan Resort, Dhulikhel, as the Hotel Manager. Earlier, he was Assistant Manager - Revenue Management & Distribution at Lemon Tree Hotels.

Saroj Kaji Tuladhar has been reappointed as the Chief Executive Officer of Goodwill Finance Limited for another four-year term.

Sanchit Bajracharya has been reappointed as the Chief Executive Officer of Prabhu Insurance Limited. Bajracharya holds an MBA from Tribhuvan University.

Prof Dr Jainuddin Ansari has been appointed as the Managing Director of Nepal Medical College (NMC). Earlier, Dr Ansari was a Board Member of NMC. He is also the Chairman of the National Medical College & Teaching Hospital, Birgunj.

Tej Raj Timilsina has been appointed as the Acting Chief Executive Officer of Manjushree Finance Limited after Narayan Subedi tendered his resignation from the position of Chief Executive Officer.

Damodar Bhandari has been appointed as the Acting Chief Executive Officer of Nepal Reinsurance Company after Chief Executive Officer Shankar Kumar Raymajhi completed his tenure. Earlier, Bhandari was working as the company’s Deputy Chief Executive Officer.

Deepak Nidhi Tiwari, Deputy General Manager of Chhimek Laghubitta Bittiya Sanstha Ltd, has been given responsibility of Acting Chief Executive Officer after Chief Executive Officer Cholraj Sharma completed his term.

Puspa Raj Uprety of Everest Bank Ltd has been given a new responsibility as Provincial Manager of Madhesh. He was serving as Head of Department-Marketing & Institutional Deposit at the bank.

Khando Gurung has joined Hotel Radisson as PR & Marketing Manager. Earlier, she was in the same position at Dusit Princess Kathmandu.

Shannon Green has been appointed as Assistant to the Administrator of USAID's Democracy, Human Rights & Governance Bureau in Nepal.

Trishna Bhandari has joined Swisscontact Nepal as Private Sector Engagement Manager. She also runs an organisation named Mithila House Pvt. Ltd.

NEW APPOINTMENTS AT HOLIDAY INN EXPRESS KATHMANDU

Aarati Budhathoki has been appointed as the Marketing Manager at Holiday Inn Express Kathmandu Naxal, the newest IHG property. Earlier, she was with Radisson Hotel Kathmandu as an Assistant Manager in PR & Marketing.

Rishal Gurung has been appointed as an Assistant Front Office Manager at Holiday Inn Express. Earlier, he was with Radisson Hotel Kathmandu in front office operations.

Kailash Joshi has joined as Engineering Manager at Holiday Inn Express. Earlier, he was at the same position at The Soaltee Kathmandu for six years.

Gyan Chakradhar has been appointed as an IT Manager at Holiday Inn Express. Earlier, he served at The Soaltee Kathmandu in IT support.

Ritesh Shrestha has been appointed as HR Manager at Holiday Inn Express. Earlier, he was at Radisson Hotel Kathmandu at the same department.

Asbin Shrestha has been appointed as the Executive Sous Chef. Earlier, he was with Yak & Yeti for 11 years.

PROMOTIONS AT HOTEL HIMALAYA, KUPONDOL

Deepesh KC has been promoted to General Manager from Executive Manager.

Suresh Maharjan has been promoted to Chief Financial Officer from Deputy Finance Controller.

Narayan Wagle has been promoted to Room Division Manager from Front Office Manager.

Bishnu Kumar Shrestha has been promoted to Human Resource and Administrator Manager from Human Resource Manager.

Bhupesh Lekhak has been promoted to Sales Manager from Assistant Sales Manager.

TENURE ENDED/RESIGNED

Dev Raj Adhikari has completed his tenure as the Managing Director and Chief Executive Officer of Nepal SBI Merchant Bank Ltd. He worked with Nepal SBI Bank for about 29 years.

CA Paras Raj Kandel has resigned as Deputy CEO of Jyoti Bikash Bank after Kapil Dhakal was promoted as the Chief Executive Officer of the development bank. The position of Chief Executive officer was lying vacant after Shree Chandra Bhatta stepped down from the post seven months before the completion of his four-year tenure.

ELECTED IN PUBLIC LIMITED COMPANIES

Manoj Kumar Goyal has been elected as the Chairman of NMB Bank Ltd representing the promoter shareholders. Similarly, Jeevan Kumar Katwal, Uttam Bhlon, Shirish Kumar Murarka, and Harishchandra Subedi have been elected as Board Directors. Furthermore, Sharmila Hardi Prakash has been nominated to the Board on behalf of foreign shareholder FMO (a Dutch Bank) in place of Niko Pijl.

Raman Nepal has been elected as the Chairman of Laxmi Sunrise Bank Ltd. He was earlier serving as the Chairman of the bank representing Citizen Investment Trust (CIT). He recently retired as the Executive Director of CIT. Similarly, Manoj Kumar Bhattarai, Swati Rungta and Dinesh Poudyal have also been elected as the Directors of the bank.

Shiksha Bhattachan has been re-elected as the Chairperson of Prabhu Mahalaxmi Life Insurance Company Limited. Similarly, Sushan Sherchan, Samjhana Aryal, Birendra Jung Pandey, Jyoti Sherchan and Shankar Gautam have been elected as the Board Directors.

Khem Bahadur Pathak has been elected as the Chairman of Sana Kisan Bikas Laghubitta Bittiya Sanstha Ltd. Similarly, Dr Babu Kaji Thapa, Ms Samata Pant (Bhatta), Sukhadev Neupane, Umesh Lamsal and Bhim Prasad Panta have been elected as the Board Directors.

Tilak Koirala has been elected as the Director of City Hotels Limited. He is also the Chairman & Chief Executive Officer at Dhiki Agro Pvt Ltd.

Saptaman Bajracharya has been elected as the Chairman of CBIL Securities Limited - a subsidiary of Citizens Bank International Limited. Earlier, the company's AGM elected Ramdhan Shrestha, Saptaman Bajracharya, Siju Shakya, and Srijesh Gyawali as Board Directors.

Bhagwati Regmi and Nisha Wagle have been elected unopposed as the Board Directors of Upakar Laghubitta Bittiya Sanstha Limited.

Sanil Pakka and Bardan Giri have been elected as Board Directors of Panchkanya Mai Hydropower Limited.

Laxman Shrestha has been elected unopposed as the Board Director of Kutheli Bukhari Small Hydropower Limited.

Subarna Paudel has been elected as the Chairman of NIC Asia Laghubitta Bittiya Sanstha Limited and Kamal Khadka has been elected as a Board Director.

Narayan Paudel has been elected as the Board Director of Global IME Bank Ltd. Poudel is a former Executive Director of the Nepal Rastra Bank.

Yagya Sharma has been elected as the Board Director of Excel Development Bank. Sharma was a Senior Manager with the Nabil Bank in the past.

Dilip Kumar
Dhungana has been elected as the Chairman of Rastriya Banijya Bank Ltd. Dhungana has a Master's degree in management.

Indra Krishna Shrestha has been elected as the Board Director of Ankhukhola Jalvidyut Company Limited.

Anuj Agarwal, Ratna Raj
Bajracharya and Lalmani Joshi have been appointed as Board Directors of Nepal Infrastructure Bank Limited from promoter shareholders’ group for a four-year term. Similarly, Praveen Subedi has been appointed as the Independent Board Director.

MOVEMENTS IN BUSINESS ASSOCIATION

Uttam Prasad Devkota has been appointed as the Director General of Nepal Handicraft Federation for the next two years. Earlier, Devkota was Chief Executive Officer of Nepal Association of Tour and Travel Agents (NATTA).

Om Devi Malla has been unanimously elected as the President of the National Cooperative Federation of Nepal.

Suman Kumar Shrestha has been elected as the President of Chamber of Commerce & Industry-Chitwan.

Deepak Adhikari has been elected as the President of Organization of Industries & Commerce of Rupendehi. Prakash Dhakal has been elected as the Senior Vice President, Dayanidhi Bhandari as the First Vice President and Prem Pandey as the Second Vice President. Likewise, Parshuram Pant has been elected as the General Secretary, Maniram Khanal as the Treasurer, Manohari Basyal as the Secretary, Prakashraj Poudel as the Joint Secretary and Arjun Prasad Bhattarai as Co-Treasurer.

Karan Chaudhary has been elected as the President of the NADA Automobiles Association of Nepal. Similarly, Akash Golchha has been elected as the Senior Vice President, and Rajan Babu Shrestha and Nirakar Shrestha have been elected as vice presidents. Similarly, Tej Narayan Sah and Pushkarraj Ojha have been elected as Associate Vice Presidents. Surendra Kumar Upreti has been elected as the General Secretary, while Vikram Singhania has been elected as Secretary. Likewise, Milanbabu Malla has been repeated as the Treasurer. Pankaj Aggarwal has been elected as the Co-Treasurer. Dipendra Kumar Mishra, Kapil Siwakoti, Navraj Bhusal, Sunil Rijal, Pradeep Man Pradhan, Sanjay Kumar Khetan, Saurabh Thapa, Riddhi Karki and Prakash Kapuri have been elected as members of the Executive Committee.

Naresh Lal Shrestha has been unanimously elected as the President of Export Council of Nepal.

Laxmi Das Manandhar has been elected as the President of Nepal Hatchery Industries' Association. Rajendra Lamichhane has been elected as the Senior Vice President, Balram KC as the First Vice President, Balram Sanjel as the Second Vice President, Gyan Bahadur Bisural as the General Secretary, Navraj Paudel as the Treasurer, and Vivek Bhatt is the Secretary in the new executive committee.

Upendra Paudyal has been elected as the President of Confederation of Banks and Financial Institutions (CBFIN). Paudyal takes the post which became vacant with the resignation of the founding president of the organization, Pawan Golyan. Poudyal is the chairman of Nabil Bank. Golyan, the outgoing chairman, resigned from the post saying that he had started to separate himself from the directorship of NMB Bank. Now he has indeed got himself out from the NMB Board where he was the Chairman till the recently held AGM.

GOVERNMENT MOVEMENTS

Vidushi Rana has been appointed as the Honorary Consul General of the Republic of Iceland for Nepal. Rana is the Executive Director of Kiran Shoes Manufacturers (Goldstar Shoes).

Dr Manish Thapa has been appointed as Consul General of Costa Rica for Nepal.

Dr Krishna Prasad
Basyal has been appointed as Acting Registrar of Tribhuvan University after the Peshal Dahal completed his tenure. Similarly, Prof Dr Bhargava Dhital, Dean of the Faculty of Agriculture and Animal Science, has been appointed as Acting Rector.

Rupesh Koirala, a lawyer based in Biratnagar, has been appointed as the Attorney General of Koshi Province.

Utsav Dhungana has been appointed as the new General Manager of the Cricket Association of Nepal (CAN). Dhungana is the Director of Baliyo Nepal Nutrition Initiative. Baliyo Nepal is sponsoring well in cricket and is working at the grassroots of Nepali cricket. The position of General Manager has been empty for the past six months following the resignation of Britant Khanal.

Maiya Kandel has been appointed as the Director of Employment Permit System (EPS) of Korea Branch by the Ministry of Labour, Employment and Social Security.

Purushottam Khanal has tendered resignation from the post of Chairman of the Nepal Telecommunication Authority. Navraj Adhikari has been appointed as Acting Chairman until a new appointment is made in the position. Khanal has been accused of financial embezzlement in the procurement of the Mobile Data Management System (MDMS) and Telecommunication Traffic Monitoring and Fraud Control System (TERAMOCS).

Sanjeev Jha, General Manager of Dairy Development Corporation of Nepal, has been dismissed from the post.

Ram Krishna Subedi has been appointed as the Secretary of Ministry of Communication and Information Technology. He was previously serving as the Secretary of the National Natural Resources and Fiscal Commission. Similarly, Communication Secretary Krishna Bahadur Raut has been transferred to the National Natural Resources and Fiscal Commission.

Krishna Kumar Karki has been promoted to the post of Joint Secretary, Nepal Judicial Service (Legal Group).

Parbati Sharma has been nominated to replace Anand Kafle as the Director of Radio Nepal. She is a Joint Secretary at the Ministry of Finance.

Devendra Raj Dhakal has been appointed as the Chief Registrar of the Supreme Court, while Bimal Prasad Poudel has been appointed as the Registrar.

Er Rabi Bhushan Jha has been nominated as the Director (Technical Specialist) of Town Development Fund. Jha is the Secretary General of Nepal Engineers' Association.

Kiran Babu Pun has been appointed as the General Manager of the Nepal Sanskritik Sansthan.

Dr Rabi Malla has been appointed as the Executive Director of Shahid Gangalal National Heart Center.

Parbat Kumar Karki has been appointed as the Executive Director of Citizen Investment Trust.

Joint Secretary Yagya Raj Koirala has been appointed as the Director General of Department of Industry.

Joint Secretary Pradeep Pariyar has been appointed as the Chief Administrative Officer of Kathmandu Metropolitan City (KMC). He was earlier with the National Planning Commission. Similarly, Basanta Adhikari has been transferred from the KMC to the Madhesi Commission.

Pratap Subedi, DGM of Agriculture Development Bank has been nominated as Board Director of Neco Insurance representing the bank.

Nepal Police DIG Arjun Chand Thakuri has resigned from the post of Tribhuvan International Airport. On January 12th, there was a scuffle between the police and the staff of the immigration office at the airport. The DIG Thakuri was on leave on the day of the incident. The TIA Security Office is under the leadership of the DIG.

Bishnu Pokharel has been appointed as the Managing Director of Agricultural Materials Company Limited through open competition which has been vacant for a long time.

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