Nabil Bank’s 41st AGM: Nirvana Chaudhary Appointed Chairman; 12.5% Dividend Approved
13th January 2026, Kathmandu
Nabil Bank Limited, Nepal’s premier private sector bank, successfully concluded its 41st Annual General Meeting (AGM) on Monday under the chairmanship of outgoing Chairman Upendra Prasad Poudel.
Nabil Bank’s 41st AGM
The meeting marked a significant transition in leadership and the approval of key financial rewards for shareholders.
New Leadership: Nirvana Kumar Chaudhary Appointed Chairman
Following the AGM, the 699th Board of Directors meeting unanimously appointed Nirvana Kumar Chaudhary as the new Chairman of the Board.
A prominent figure in the Nepalese business landscape, Chaudhary will formally assume his responsibilities following his oath of office at Nepal Rastra Bank.
Anil Keshari Shah Returns to the Board
The AGM also saw the unopposed election of former CEO Anil Keshari Shah to the Board of Directors, representing the promoter shareholder group. Shah’s extensive experience in the banking sector is expected to further strengthen the bank’s strategic governance.
Financial Highlights: 12.50% Dividend Confirmed
The shareholders officially approved a 12.50% cash dividend from the profits of the fiscal year 2081/82. This distribution reflects Nabil Bank’s consistent financial performance and its commitment to delivering value to its investors.
Strengthening Capital: Rs 5 Billion Preference Shares
To bolster its capital base for future expansion, Nabil Bank has announced the issuance of a new capital instrument titled “Nabil 8% Perpetual Non-Cumulative Preference Shares.” * Total Value: Rs 5 Billion (50 million shares at Rs 100 per share).
Strategic Goal:
This move aims to strengthen the bank’s Additional Tier 1 (AT1) capital, enhancing its risk-bearing capacity and supporting business growth for the fiscal year 2082/83.
Legacy of Growth: Outgoing Chairman Upendra Prasad Poudel
The bank expressed deep gratitude to the outgoing chairman, Upendra Prasad Poudel, who completed two successful terms. His leadership was instrumental in:
Sustainable Banking: Leading the industry in ESG (Environmental, Social, and Governance) initiatives.
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Digital Transformation: Launching the ‘N-Bank’ initiative to redefine digital banking in Nepal.
Successful Mergers: Overseeing the integration process with Nepal Bangladesh Bank.
Social Impact: Strengthening the Nabil School of Social Entrepreneurship (Nabil SSE).
Nabil Bank at a Glance
With a legacy spanning over four decades, Nabil Bank continues to dominate the market with a robust network:
Branches: 268 nationwide.
ATMs: 321 units.
Customer Base: Over 2.5 million.
Innovation: Leading the shift toward “Sustainable and Digital Banking.”
Conclusion: With the appointment of Nirvana Chaudhary and the strategic issuance of new preference shares, Nabil Bank is positioning itself for a new era of digital-first, sustainable growth in the Nepalese financial sector.
For more: Nabil Bank’s 41st AGM
