2nd December 2024, Ktahmandu
Miteri Development Bank has officially appointed Ananta Chapagain as its new Chief Executive Officer (CEO). The decision was made during a board meeting held on December 1, 2024. This appointment highlights the board’s confidence in Chapagain’s leadership and extensive banking experience.
New CEO Appointment at Miteri Bank
Chapagain to Begin His Role on January 1, 2025
Chapagain will take on his new role as CEO starting January 1, 2025. He has been appointed for a four-year term. Vishal Shrestha, Senior Manager of the bank, shared that Chapagain’s vast experience will play a key role in the bank’s growth and future development.
Chapagain Replaces Tulsi Prasad Bastola
Chapagain’s appointment comes after the conclusion of Tulsi Prasad Bastola’s tenure as CEO. Bastola had served the bank for several years, leading the institution through various phases of growth. With Chapagain now in charge, the bank is looking forward to a fresh vision and a new direction under his leadership.
33 Years of Banking Experience
Chapagain brings over 33 years of banking experience to Miteri Development Bank. He started his career at Nabil Bank, where he gained valuable experience and advanced through various roles. Over the years, he has become one of the most experienced professionals in the Nepali banking industry. His deep understanding of banking operations, strategy, and leadership will be key as he leads the bank forward.
Chapagain’s Previous Role at Prime Commercial Bank
Before becoming CEO of Miteri Development Bank, Chapagain served as the Acting Deputy General Manager at Prime Commercial Bank. In this role, he was responsible for overseeing critical operations and ensuring the bank’s overall success. His leadership at Prime Commercial Bank provided him with experience in managing large teams and overseeing complex banking functions, which will be invaluable as he takes on his new responsibilities.
Chapagain’s Vision for the Bank’s Future
Chapagain has a clear vision for Miteri Development Bank’s future. As CEO, his focus will be on expanding the bank’s services, improving customer satisfaction, and ensuring its financial stability. He aims to introduce modern banking technologies, streamline operations, and keep the bank competitive in an increasingly fast-paced financial environment.
Strengthening the Bank’s Market Position
Under Chapagain’s leadership, Miteri Development Bank aims to strengthen its position in the market. His focus will be on creating innovative banking solutions and enhancing customer service. By keeping the bank adaptable and responsive to market trends, Chapagain hopes to drive long-term growth and ensure that the bank remains a trusted and reliable institution in Nepal.
Looking Ahead: Growth and Innovation
Chapagain’s appointment marks the start of an exciting new chapter for Miteri Development Bank. With his vast banking experience and strategic vision, he is poised to lead the bank toward even greater success. As the bank continues to grow and evolve, Chapagain’s leadership will play a crucial role in shaping its future and ensuring its position as a key player in Nepal’s financial sector.
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