Nepal Investment Mega Bank Appoints Mahesh Sharma Dhakal as Acting CEO
14th May 2026, Kathmandu
In a decisive move to ensure administrative stability and operational continuity, the Board of Directors of Nepal Investment Mega Bank has officially appointed Mahesh Sharma Dhakal as the Acting Chief Executive Officer of the institution.
Mahesh Sharma Acting CEO
This high level appointment was finalized during a board meeting conducted on Baisakh 30. Prior to this elevation, Dhakal served as the Senior Deputy CEO of the bank, bringing extensive experience and internal knowledge to the top leadership role. The transition is effective immediately, with the board granting him full executive authority to manage the comprehensive responsibilities of the CEO office during this critical period for the bank.
Leadership Transition Amid Regulatory Investigations
The appointment of Mahesh Sharma Dhakal comes at a time of significant change for the leadership at Nepal Investment Mega Bank. The move follows the recent news that the former CEO, Jyoti Prakash Pandey, was taken into custody by authorities for questioning. This investigation is specifically linked to the Smart Telecom case, which has seen increased scrutiny from the Central Investigation Bureau regarding asset recovery and financial procedures. By appointing an Acting CEO with full executive powers, the bank aims to maintain its professional standards and ensure that its strategic goals remain on track while the legal processes regarding the previous leadership continue.
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Extensive Authority and Operational Oversight
As the newly designated Acting CEO, Mahesh Sharma Dhakal will be responsible for overseeing all operational and executive functions of Nepal Investment Mega Bank. This includes managing daily banking activities, overseeing large scale financial transactions, and representing the bank in official capacities. The board has clarified that this appointment remains in effect until further notice, providing a clear chain of command for the bank employees and stakeholders. Having served as the Senior Deputy CEO, Dhakal is well positioned to navigate the complexities of the current banking environment in Nepal and maintain the trust of the institution’s vast depositor base.
Ensuring Continuity at Nepal Investment Mega Bank
The primary objective of this appointment is to ensure that the services provided to customers remain uninterrupted despite the ongoing investigation into the Smart Telecom matter. Nepal Investment Mega Bank is one of the largest financial institutions in the country, and maintaining steady leadership is vital for the overall health of the national financial system. With Mahesh Sharma Dhakal at the helm, the bank has expressed its commitment to continuing its mission of providing reliable and secure banking services. The executive team is focused on transparency and full cooperation with regulatory bodies while pushing forward with the bank commercial initiatives and digital expansion plans.
Future Outlook for NIMB Leadership
While the appointment is currently in an acting capacity, it highlights the depth of the management team within the organization. The transition from Senior Deputy CEO to Acting CEO allows for a seamless handover of duties without the need for a lengthy external search during a sensitive time. Stakeholders and investors will be looking toward Mahesh Sharma Dhakal to lead the bank with integrity and to provide updates on the bank’s progress and its involvement in resolving the Smart Telecom recovery issues. For now, the focus remains on internal governance and ensuring that Nepal Investment Mega Bank continues to operate with the highest level of professional accountability.
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