Chairpersons of State-Owned Banks Resign Following Government Political Dismissals

All chairpersons of banks with government investment have tendered their resignations. This followed the government’s dismissal of individuals holding political appointments in public positions. Chairpersons of Rastriya Banijya Bank, Agricultural Development Bank, and Nepal Bank have stepped down. Kathmandu, 24 Baishakh.
The resignations came after the government’s decision to remove politically appointed personnel from public institutions. According to sources in the Ministry of Finance, all directors including the chairperson of Rastriya Banijya Bank have resigned. In the Agricultural Development Bank and Nepal Bank, only the chairpersons resigned.
Devkumar Dhakal, former executive director of Nepal Rastra Bank, held the chairperson position at Rastriya Banijya Bank. Other directors included Thanprasad Pangeney, Laxman Ghimire, Prof. Dr. Ramprasad Gyawali, Romila Dhakal Upreti, Dr. Suryabahadur Rana, and Harikumar Silwal. Dimprasad Paudel served as chairperson of Agricultural Development Bank, while Prof. Dr. Dilliraj Sharma was the chairperson of Nepal Bank. Although the ordinance issued by the government to remove politically appointed individuals was not mandatory for Nepal Rastra Bank and state-owned banks, the chairpersons and directors of these banks chose to resign in support of government policy.




