Deprosc Microfinance Announces Vacancy for Deputy Chief Executive Officer
26th November 2025, Kathmandu
Deprosc Microfinance has officially announced a vacancy for the high-level position of Deputy Chief Executive Officer (DCEO).
Deprosc Microfinance Announces Vacancy
This key executive role, which is currently vacant, is crucial for the strategic leadership and operational management of the microfinance institution. The selected candidate will be offered an initial term of four years.
Eligibility Criteria for the DCEO Position
Deprosc Microfinance has established stringent educational and professional experience requirements for prospective candidates, ensuring that the appointed DCEO possesses the necessary depth of knowledge and managerial experience in the financial sector.
Candidates must satisfy one of the following two primary criteria regarding their academic qualifications and relevant experience:
Master’s Degree Requirement: The applicant must possess a master’s degree or an equivalent academic qualification from a recognized institution. Along with this educational benchmark, the candidate must have a minimum of seven years of managerial-level experience gained within the microfinance, banking, or broader financial sectors.
Bachelor’s Degree Requirement: Alternatively, candidates holding a bachelor’s degree or an equivalent academic qualification are eligible, provided they can demonstrate a more extensive career track. This criterion requires a minimum of ten years of managerial-level experience accumulated within microfinance, banking, or other financial institutions.
Age and Application Requirements
In addition to the professional qualifications, the microfinance institution has set clear parameters regarding the applicant’s age at the time of application submission.
Minimum Age: Applicants must be at least 40 years old on the final date set for application submission.
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Maximum Age: Applicants must not be older than 58 years old on the final date set for application submission.
This age bracket aims to attract highly experienced professionals who are at a mature stage in their careers, capable of providing stable and long-term leadership.
Significance of the Deputy CEO Role in Microfinance
The DCEO plays a vital role in supporting the Chief Executive Officer (CEO) and ensuring the microfinance institution (MFI) operates efficiently, adheres to regulatory compliance, and meets its social mission of poverty reduction through financial inclusion.
Operational Oversight: The DCEO often takes primary responsibility for day-to-day operations, including branch network management, loan portfolio quality, risk management, and the implementation of new technology across the institution’s 100+ branches (Deprosc Microfinance operates a vast network across the country).
Strategic Support: The DCEO assists the CEO in setting the institution’s long-term strategic direction, particularly regarding market expansion, resource mobilization, and adherence to the directives of the central bank, Nepal Rastra Bank (NRB).
Compliance and Governance: Given the strict regulatory environment for MFIs in Nepal, the DCEO is instrumental in ensuring rigorous compliance with NRB directives, especially concerning interest rate caps, loan provisioning, and capital adequacy requirements.
Deprosc Microfinance is a prominent institution in Nepal’s microfinance sector, providing crucial financial services such as small loans, savings facilities, and micro-insurance to low-income and disadvantaged populations, especially in rural areas. The institution is recognized for its commitment to both financial sustainability and social outreach.
Deprosc Microfinance has strongly encouraged eligible and experienced professionals who meet these stringent requirements to apply within the prescribed deadline, recognizing that the successful appointment of a DCEO is crucial for maintaining the institution’s growth trajectory and fulfilling its critical development mandate over the coming years.
For More: Deprosc Microfinance Announces Vacancy
