Nabil Bank Appoints Manoj Kumar Gyawali as New CEO: 26+ Years Banking Experience

5th June 2025, Kathmandu

Nabil Bank Limited has appointed Mr. Manoj Kumar Gyawali as its new Chief Executive Officer (CEO). The decision was made during the bank’s 682nd Board of Directors meeting on Thursday morning. Mr. Gyawali will lead the bank for a four-year term.

Nabil Bank Appoints Manoj Gyawali

Before this appointment, he served as the acting CEO. During that time, he successfully guided the bank through a transitional phase. His formal appointment confirms the board’s confidence in his leadership. They expect him to drive the bank’s growth, digital innovation, and operational efficiency.

Extensive Experience In Banking And Capital Markets

Mr. Gyawali holds the prestigious Chartered Accountant qualification from the Institute of Chartered Accountants of India. He brings over 26 years of experience in the banking and capital markets sectors.

He has worked with top financial institutions and regulatory bodies. These include Nepal Rastra Bank, Global IME Bank, Global IME Capital, and Jyoti Bikas Bank. Through these roles, he has contributed significantly to Nepal’s financial sector development.

Known for his clear communication, strategic vision, and practical approach, Mr. Gyawali has earned widespread respect in the industry. His leadership is expected to strengthen Nabil Bank’s market position further.

Key Leadership Changes at Nabil Bank

Along with Mr. Gyawali’s promotion, the bank has made two other significant leadership changes. Mr. Adarsha Bajgain, formerly Deputy General Manager, is now the Deputy CEO. Additionally, Mr. Bhishma Neupane, Head of the Legal Department, has been appointed as the bank’s Company Secretary.

These appointments reflect Nabil Bank’s focus on strengthening its leadership team as it moves forward.

Nabil Bank: A Pioneer In Digital Banking And Customer Reach

Nabil Bank is a leading player in Nepal’s financial sector. It serves over 2.4 million customers through 268 branches and 320 ATMs nationwide.

The bank is recognized for introducing innovative banking products and services. These efforts have modernized Nepal’s banking system and increased digital banking adoption.

Under Mr. Gyawali’s leadership, the bank aims to accelerate digital transformation. It will also focus on improving customer experience and expanding financial inclusion.

Nabil Bank continues to set the benchmark in Nepal’s private banking sector through constant innovation and outreach.

From Rural Dailekh To Corporate Leadership: An Inspiring Journey

Mr. Gyawali’s journey from a remote village to CEO is truly inspiring. He was born in Badalamji village, Dailekh district (now part of Bhairavi Rural Municipality-3 in Karnali Province).

He is the eldest son of an Ayurvedic practitioner. His upbringing instilled strong values of hard work, responsibility, and perseverance.

Despite limited access to education, Mr. Gyawali excelled academically. He regularly walked long distances to attend school. Even when teachers were not available, he studied difficult subjects like optional mathematics on his own.

He passed his School Leaving Certificate (SLC) with a second division but topped his school. At that time, only 12 of 167 students passed the exam. This achievement set the foundation for his future success.

Early Education And Career Shift

Initially, his father hoped he would become a doctor. To follow this dream, Mr. Gyawali enrolled in the science faculty at Tri-Chandra College, Kathmandu.

However, after a few months, he switched to commerce on the advice of a cousin. He completed his Intermediate in Commerce (I.Com) at Peoples College and a Bachelor of Commerce (B.Com) at Shanker Dev Campus.

After graduating, he returned to his village to teach at a local school. It was during this period that he learned about Chartered Accountancy, a respected and challenging profession.

Becoming a Chartered Accountant And Entering Banking

Determined to succeed, he moved to Lucknow, India, around 1997 AD (2054 BS). He studied hard and qualified as a Chartered Accountant in three years.

Returning to Nepal, he entered the banking sector somewhat unexpectedly. A relative introduced him to Nepal Rastra Bank, where his banking career began.

He steadily took on leadership roles across major financial institutions. This experience shaped his skills in governance, strategy, and leadership.

Vision For Nabil Bank’s Future

As the new CEO, Mr. Gyawali faces high expectations. Industry experts believe he will strengthen Nabil Bank’s digital capabilities and customer focus.

The banking sector in Nepal is changing fast. Technology, regulation, and competition are evolving rapidly. Mr. Gyawali’s experience and vision position him well to lead Nabil Bank through these challenges.

The bank aims to continue contributing to Nepal’s economic growth by expanding financial inclusion and innovation.

Conclusion: Leadership That Inspires

Mr. Manoj Kumar Gyawali’s rise from a small village to the CEO’s office is a story of determination and vision. His leadership journey inspires many young professionals across Nepal.

Under his guidance, Nabil Bank hopes to maintain its leadership position in the country’s banking industry. The bank will focus on innovation, customer service, and sustainable growth.

This leadership change marks a new chapter for Nabil Bank. With a seasoned and visionary CEO at the helm, the bank is ready to meet future challenges and opportunities.

For more: Nabil Bank Appoints Manoj Gyawali