Nepal Bank New Directors Elected 2025: Strengthening Bank Governance
6th July 2025, Kathmandu
Badri Khanal and Dhruv Bhattarai have been elected as directors of Nepal Bank Limited. Their election follows the 65th Annual General Meeting (AGM) of the bank, which was scheduled for Chaitra 6, 2081 BS (mid-March 2025). The directors’ election process had faced legal challenges, but after the Patan High Court dismissed the writ petition opposing the election, the two candidates were officially declared elected.
Nepal Bank New Directors Elected
Badri Khanal was elected as a director representing the general public shareholders, while Dhruv Bhattarai was elected representing the Employees Provident Fund (EPF), which is a significant institutional shareholder in the bank.
Both directors took their official oath of office and secrecy before the Chairman of the Nepal Bank Limited Board of Directors on Asar 21, 2082 BS (early July 2025). The oath-taking ceremony marked the formal beginning of their tenure on the bank’s Board of Directors.
The election of these two directors adds to the governance team of Nepal Bank Limited. Their experience and leadership are expected to contribute to strengthening the bank’s strategic direction and oversight. Badri Khanal’s appointment reflects the interests of the general shareholders, while Dhruv Bhattarai represents the employees’ investment through the provident fund.
Nepal Bank Limited, being one of the oldest and most prominent financial institutions in Nepal, continues to play a vital role in the country’s banking sector. The newly appointed directors will be responsible for guiding the bank through an increasingly competitive market, overseeing its operations, and ensuring compliance with regulatory standards.
The bank’s Board of Directors, now inclusive of Khanal and Bhattarai, is expected to work closely with the management team to implement growth strategies, improve financial performance, and enhance customer services.
This development comes at a crucial time as Nepal Bank Limited is undertaking efforts to modernize its services, expand its digital banking capabilities, and contribute to Nepal’s economic development.
Both Badri Khanal and Dhruv Bhattarai bring with them extensive experience in finance, governance, and stakeholder engagement, positioning them well to support the bank’s mission and vision in the coming years.
The bank and its shareholders look forward to their active participation and leadership as Nepal Bank Limited continues to serve its customers and strengthen its market position in the evolving banking landscape of Nepal.
About Nepal Bank
Nepal Bank Limited (NBL) is Nepal’s first commercial bank, established in 1937. It began formal banking in the country, with the government holding 60% shares and the private sector 40%. The bank offers various services, including savings accounts, loans, corporate finance, and digital banking through its Smart App. NBL also supports government services like salary payments and tax collections.
With over 230 branches and 170 ATMs nationwide, the bank aims to promote financial inclusion. It has embraced digital transformation to improve customer experience and security. The bank uses advanced technology, including encryption and multi-factor authentication.
NBL focuses on growth, profitability, skilled workforce development, and risk management. It also runs corporate social responsibility programs, supporting education, health, disaster relief, and environmental protection.
Overall, Nepal Bank Limited continues to expand its services while playing a key role in Nepal’s banking sector and economic development. Its commitment to innovation and community welfare remains strong.
For more:- Nepal Bank New Directors Elected 2025
