15 August 2024, Kathmandu
Krishna Bahadur Adhikari has been appointed as the Chief Executive Officer (CEO) of Nepal Infrastructure Bank (NIFRA). The decision was made during a Board of Directors meeting held on 14th August 2024.
CEO of Nepal Infrastructure Bank
Adhikari will officially assume the role starting August 18, bringing with him extensive experience and leadership skills to the position. His appointment is expected to strengthen NIFRA’s strategic direction and enhance its capabilities in driving infrastructure development in Nepal.
As the new CEO, Adhikari will be responsible for overseeing the bank’s operations, strategic planning, and execution of its growth initiatives. His leadership is anticipated to play a crucial role in advancing NIFRA’s mission to support and finance critical infrastructure projects across the country.
Krishna Bahadur Adhikari’s appointment comes at a pivotal time for NIFRA as the bank continues to expand its portfolio and impact in the infrastructure sector. With his extensive background in finance and management, Adhikari is expected to bring fresh perspectives and drive innovation within the organization.
NIFRA’s Board of Directors expressed confidence in Adhikari’s ability to lead the bank through its next phase of development and contribute significantly to Nepal’s infrastructure growth. The appointment is seen as a strategic move to bolster the bank’s leadership and operational excellence.
The bank and its stakeholders look forward to Adhikari’s leadership and the positive changes his tenure is likely to bring.
About NIFRA
NIFRA is a prominent financial institution established to support and finance large-scale infrastructure projects in Nepal. Founded to enhance the country’s infrastructure, NIFRA plays a crucial role in mobilizing resources for the development of critical sectors such as transportation, energy, and urban development.
The bank provides various financial services, including project financing, long-term loans, and advisory services, tailored to meet the needs of major infrastructure initiatives. NIFRA’s mandate is to bridge the funding gap for large infrastructure projects that are essential for Nepal’s economic growth and development.
NIFRA collaborates with both public and private sectors to facilitate investments in infrastructure, contributing to the country’s overall development strategy. Its mission is to foster sustainable development through efficient and effective financial solutions, ensuring that projects are completed on time and within budget.
By providing innovative financing solutions and fostering partnerships, NIFRA aims to support Nepal’s vision of creating a robust infrastructure network that will drive economic growth and improve the quality of life for its citizens.
CEO of Nepal Infrastructure Bank