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Nepal Bankers’ Association Election Results: Koirala, Regmi Elected as President and Vice President

Nepal Bankers’ Association Election
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17th December 2024, Kathmandu

Santosh Koirala, CEO of Machhapuchchhre Bank, is the new President of the Nepal Bankers’ Association (NBA). He was elected unanimously after Ashok Sherchan, CEO of Prabhu Bank, withdrew from the race.

Nepal Bankers’ Association Election Results

Sherchan’s decision followed a series of discussions with past NBA presidents, allowing Koirala to assume the role. Koirala’s election marks a new chapter for the NBA as he leads the association forward.

Surendra Raj Regmi Becomes Vice President

In addition to Koirala’s election, Surendra Raj Regmi, CEO of Global IME Bank, has been appointed Vice President. Regmi, who faced no opposition, will now contribute to the association’s growth and strengthen its role in Nepal’s banking sector. His leadership will be crucial as the NBA navigates the challenges of the evolving financial landscape.

Three New Members Join the NBA Executive Committee

Along with the President and Vice President, the NBA has also elected three new members to its executive committee:

Tilkaraj Pandey, CEO of Nepal Bank

Ramchandra Khanal, CEO of Kumari Bank

Sudesh Khaling, CEO of Everest Bank (returning member)

These additions will help the NBA continue to build on its successes and support the development of the banking sector in Nepal.

Appointments to be Confirmed at the 38th AGM

The official confirmation of the newly elected members will take place at the 38th Annual General Meeting (AGM) of the NBA, scheduled for December 18, 2025. During this meeting, the leadership team will present their vision for the future, focusing on the NBA’s goals and objectives moving forward.

New Leadership Ready to Tackle Banking Challenges

The NBA’s new leadership, with Koirala as President and Regmi as Vice President, is poised to address the challenges faced by the banking sector. Their combined expertise and vision will help strengthen the role of commercial banks in Nepal and drive the financial industry towards greater growth and stability.

Complete List of NBA Executive Committee Members

The newly formed NBA Executive Committee includes the following members:

Santosh Koirala (Machhapuchchhre Bank Ltd.) – President

Surendra Raj Regmi (Global IME Bank Ltd.) – Vice President

Ashok Sherchan (Prabhu Bank Ltd.) – Member

Nischal Raj Pandey (Sanima Bank Ltd.) – Member

Ram Chandra Khanal (Kumari Bank Ltd.) – Member

Sanjeev Manandhar (Prime Commercial Bank Ltd.) – Member

Sudesh Khaling (Everest Bank Ltd.) – Member

Sundar Prasad Kadel (Siddhartha Bank Ltd.) – Member

Tilak Raj Pandeya (Nepal Bank Ltd.) – Member

Additionally, Sunil K.C., the outgoing President, will remain as an ex-officio member. Ashoke SJB Rana and Gyanendra Prasad Dhungana, former Presidents, will serve as Advisors to the Executive Committee.

The NBA is set for a promising future with this new leadership team. Their collective experience and vision will guide the association and contribute to Nepal’s banking sector’s continued growth and success.

For more: Nepal Bankers’ Association Election Results


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