Ashok Kumar Agrawal has been appointed chairman of NIC Asia Bank’s Board of Directors.
The board selected Agrawal during a meeting on Wednesday, December 24, with his appointment effective from Thursday.
Agrawal brings extensive experience in Nepal’s banking, financial, insurance, and corporate sectors.
His appointment follows the resignation of Tulsi Ram Agrawal, who stepped down citing personal reasons. The bank had informed the Nepal Stock Exchange (NEPSE) on Sunday, December 21, that the board accepted Tulsi Ram Agrawal’s resignation at a meeting held the same day.
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