National Laghubitta Appoints Kshitij Khadka as New Board Chairman

15th September 2026, Kathmandu

National Laghubitta Bittiya Sanstha Limited has formally appointed Kshitij Khadka as the new Chairman of its Board of Directors.

National Laghubitta Board Chairman

The appointment was made through a unanimous decision by the company Board of Directors during its 212th meeting held on Bhadra 29, 2083.

Khadka was selected from among the institution existing directors to fill the leadership vacancy created by the departure of former chairman Rabin Sijapati.

Reason Behind the Chairman Vacancy

The transition in leadership follows the resignation of Rabin Sijapati, who previously served as chairman representing Nepal Investment Mega Bank Limited on the Board of Directors of National Laghubitta Bittiya Sanstha Limited.

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Sijapati stepped down from his position after accepting an appointment as the Chief Executive Officer at another financial institution. Because Sijapati left Nepal Investment Mega Bank Limited, his director position and board chairmanship became vacant, requiring the institution to execute a fresh leadership appointment.

Unanimous Board Selection and Continuity

During the 212th board meeting on Bhadra 29, 2083, the directors voted unanimously to appoint Kshitij Khadka as the incoming Chairman. By selecting an active member from the existing Board of Directors rather than bringing in an external candidate, National Laghubitta Bittiya Sanstha Limited aims to ensure operational continuity, stable corporate governance, and consistent strategic direction.

As Chairman, Khadka will lead future board meetings, oversee high level institutional strategies, and guide corporate governance across the organization microfinance operations.

Key Details of the Board Appointment

• Institution: National Laghubitta Bittiya Sanstha Limited
• Newly Appointed Chairman: Kshitij Khadka
• Outgoing Chairman: Rabin Sijapati
• Board Decision Date: Bhadra 29, 2083
• Meeting Number: 212th Board of Directors Meeting
• Selection Process: Unanimous vote by current board members
• Reason for Change: Former Chairman Rabin Sijapati appointed as CEO of another financial institution
• Representation Details: Rabin Sijapati formerly represented Nepal Investment Mega Bank Limited

Strategic Role in Corporate Governance

The successful resolution of the leadership vacancy completes a necessary corporate governance procedure for National Laghubitta Bittiya Sanstha Limited. With Kshitij Khadka assuming the role of Board Chairman following the unanimous mandate, the microfinance institution moves forward under established board leadership to drive its strategic and financial objectives.

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