13th October 2025, Kathmandu
Chhimek Employee Savings and Credit Cooperative Ltd., a vital institution committed to the welfare and financial empowerment of its members, has announced a highly sought-after vacancy for the position of Institution Head.
Chhimek Cooperative Announces Vacancy
This is a pivotal leadership role at the cooperative’s central office in Mid-Baneshwor, Kathmandu. With a demanding deadline of October 29, 2025 (2082/07/13), this opening represents a significant chance for seasoned professionals to guide a respected cooperative into its next phase of strategic growth and stability. Aspiring leaders who are ready to blend managerial expertise with the core principles of cooperative governance are encouraged to prepare their applications immediately.
The Core Mission of a Cooperative Leader
The Institution Head is essentially the chief executive and operational manager of the cooperative. This position goes beyond mere financial oversight; it requires a leader who is deeply committed to the democratic and social values that define the cooperative movement in Nepal. The core mission, aligned with the principles that govern Savings and Credit Cooperatives (SACCOS), is to drive both financial sustainability and member upliftment.
Pillar 1: Financial Stewardship and Growth
A primary responsibility is to ensure the cooperative’s financial health. This involves strategic planning for deposit mobilization and credit investment, maintaining adequate financial capacity, and strengthening internal control systems. The Institution Head must be adept at financial analysis and risk management to protect the members’ funds and uphold the cooperative’s promise of financial security. They must also work diligently to increase the consumption of scattered national capital by promoting investment in productive and income-generating sectors for the members, aligning with the broader objectives of self-reliant community development. Furthermore, the role involves adherence to all prevailing laws, rules, and internal procedures regarding the mobilization of deposits and credit, and the accurate determination of interest rates as directed by regulatory bodies.
Pillar 2: Upholding Good Governance and Compliance
In the cooperative sector, trust, transparency, and accountability are paramount. The successful candidate must champion Good Governance by implementing practices that ensure legitimacy, participation, professionalization, accountability, and transparency. This includes preparing and ensuring compliance with the internal sets of rules and regulations (Biniyam) and external laws like the Cooperative Act and Rules. The Head is accountable to the Board of Directors and the members for the operational efficiency and ethical conduct of the entire staff. They must foster an environment where members are treated kindly and where information is disseminated clearly and honestly to the right stakeholders at the right time. They are critical in driving the professionalization of the cooperative’s activities, demonstrating competence, efficiency, and effectiveness in all operations.
Essential Skills and Experience for Success
The Chhimek Employee Savings and Credit Cooperative is seeking a leader with a strong foundational education and specialized skills tailored to the financial and cooperative environment. The minimum requirement of a Bachelor’s degree serves as the entry point, but the preference for candidates with experience or training in accounting, taxation, and management-related work highlights the technical depth required for the position.
Leadership and Managerial Competencies
The cooperative’s environment demands a unique blend of technical knowledge and transformative leadership. Essential skills for the Institution Head include:
- Strategic Vision: The ability to develop a clear vision, set solid target objectives, and implement a strategic and business plan for the cooperative’s sustained growth.
- Financial Expertise: In-depth knowledge of accounting practices, taxation laws in Nepal, and comprehensive financial management to conduct regular internal financial health checks and manage capital effectively.
- Regulatory Adherence: A thorough understanding of the Cooperative Act and Rules, along with the capacity to coordinate and comply with regulatory bodies like the Department of Cooperatives.
- Human Resource Management: The responsibility for personnel administration, including staff recruitment, motivation, coordination, and capacity building to foster a skilled and ethical workforce.
- Member-Centric Focus: A deep commitment to the cooperative values of service to members, which includes developing accessible and quality financial and non-financial services and ensuring the financial security of every member.
The role is ultimately about being a “Role Model” leader who can empower the team and drive performance while adhering to the highest standards of honesty and transparency.
Understanding the Compensation and Application Process
The attraction of a senior role like Institution Head is often tied to the level of compensation and benefits. The vacancy explicitly states that the Salary and Benefits are Negotiable, indicating that the cooperative is prepared to offer a highly competitive package commensurate with the candidate’s experience and the significant responsibilities of the position. For context, managerial positions in the general management category in Nepal often see a gross monthly salary ranging significantly, and a senior-level role like Institution Head would typically command a salary at the higher end or exceeding the general average, supplemented by benefits common in the Nepali financial sector.
A Critical Timeline for Aspiring Leaders
The application window is brief, underscoring the urgency of the cooperative’s need.
- Application Deadline: October 29, 2025 (2082/07/13)
- Required Documents: Completed application form (available at the central office), biodata, recent passport-size photo, copies of academic certificates, citizenship, training, and experience documents, and a contact number.
- Submission Method: Central Office or via email at vacancysahakari@chhimeklaghubitta.org.
- Application Fee: NPR 500, payable at Prabhu Bank Ltd., Naya Baneshwor Branch (Account No.: 0780091190900021).
- Age Criteria: Applicants must be between 25 and 50 years old as of the final application date.
The selection process, comprising a Written Examination and Interview, is designed to rigorously test both the theoretical knowledge (accounting, taxation, management) and the practical leadership acumen of the candidates. Only those who can demonstrate a proven track record and a clear vision for the cooperative’s future will be shortlisted. This is a chance to step into a role that is crucial for the cooperative’s success and for the well-being of its employee-members.
For More: Chhimek Cooperative Announces Vacancy