Nepal Bankers’ Association Welcomes Four New Executive Committee Members
NBA Executive Committee Elects
7th December 2025, Kathmandu
The Nepal’s banking sector leadership saw a significant change this week. The Nepal Bankers’ Association (NBA) has successfully elected four new members to its Executive Committee.
NBA Executive Committee Elects
This strategic move aims to invigorate the association and the broader banking industry. The Annual General Meeting (AGM), which concluded on Wednesday, formalized the selection of three entirely new members while one experienced member secured a second term. These additions are expected to shape the policy and direction of the sector in the coming years.
A Mix of Continuity and New Vision
The election results present a blend of continuity and fresh perspectives within the Executive Committee. One key leader secured a successful re-election.
Re-elected for a Second Term
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Sanjib Manandhar, CEO of Prime Bank, was re-elected for a second term. His continued presence ensures stability and consistency in the committee’s operation. His prior experience will greatly benefit the new members.
Three New Members Join the Ranks
The NBA welcomed three prominent figures from the Nepali commercial banking landscape. These new members will actively contribute to the association’s goals.
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Ajay Bikram Shah, CEO of Laxmi Sunrise Bank, joined the committee.
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Manoj Gyawali of Nabil Bank was successfully selected.
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Ram Kumar Tiwari from Nepal SBI Bank also became a new Executive Committee member.
These new selections replace members whose terms recently concluded. They bring diverse expertise and new energy to the NBA’s core decision-making body.
Outgoing Leadership
The new members step in as the terms of three key bankers concluded. The NBA thanked the outgoing members for their valuable service and contributions during their tenure.
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The recently concluded terms belonged to: Nischal Pandey, CEO of Sanima Bank, Sundar Kandel of Siddhartha Bank and Ashok Sherchan from Prabhu Bank.
The rotation of members is a standard practice. It ensures that the association benefits from a continuous flow of different perspectives and expertise from various commercial banks.
This structure is vital for robust decision-making across Nepal’s banking sector leadership.
Honoring Contributions to Banking
Beyond the election, the NBA recognized an individual for their significant contributions to the banking and financial sector. This recognition highlights the association’s appreciation for individuals who have positively impacted the industry.
The NBA honored Dr. Upendra Mahato, the former Chairman of Machhapuchchhre Bank. His dedication and role in advancing the banking industry were acknowledged during the event. Such recognition inspires other leaders to strive for excellence. The association clearly values long-term commitment and high standards of service.
Outlook for the Banking Sector
This restructuring of the NBA Executive Committee is timely. The financial landscape is evolving rapidly, demanding proactive strategies.
The new committee members are expected to lead initiatives focused on digital transformation, regulatory compliance, and overall sector stability. Their collective influence on Nepal’s banking sector leadership is now more pronounced.
The NBA’s role is crucial in bridging the gap between member banks and the central bank. A strong and unified Executive Committee is vital for effective policy advocacy and ensuring healthy competition.
The association believes this new team is well-equipped to tackle the challenges and opportunities ahead. The members’ expertise in commercial banking operations will be key to addressing current industry trends.
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