New CEO Appointment at Miteri Bank: Ananta Chapagain to Drive Innovation and Growth

New CEO Appointment at Miteri Banks
Share It On:

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.

For more: New CEO Appointment at Miteri Bank


Share It On:

Recent Posts

Nepal’s Cybersecurity Crisis: Are We Prepared for the Future?

Nepal’s Cybersecurity Crisis: Are We Prepared for the Future?

Share It On:8th January 2024, Kathmandu Is Nepal ready to combat cyber threats? Explore real incidents, vulnerabilities, and actionable strategies

Ngadi Group Power Limited Opens Application for 100% Rights Offering

Ngadi Group Power Limited Opens Application for 100% Rights Offering

Share It On:7th January 2024, Kathmandu Ngadi Group Power Limited has officially opened applications for its 100% rights share issuance

Skill Fest 2025 at Embark College: Workshops, Job Fair, & CEO Unplugged

Skill Fest 2025 at Embark College: Workshops, Job Fair, &

Share It On:7th January 2024, Kathmandu Glocal After School, an entity of Glocal Pvt. Ltd., is set to launch the

Kathmandu Trash Collection Race 2025: Maina Devi Foundation & Kumari Job Partner for Change

Kathmandu Trash Collection Race 2025: Maina Devi Foundation & Kumari

Share It On:7th January 2024, Kathmandu Maina Devi Foundation (MDF), a leading non-profit organization driving environmental initiatives in Nepal, has

Certified Ethical Hacking Workshop in Bharatpur, Chitwan: Advance Your Cybersecurity Career with CEH Certification

Certified Ethical Hacking Workshop in Bharatpur, Chitwan: Advance Your Cybersecurity

Share It On:7th January 2024, Kathmandu Are you looking to step into the dynamic field of cybersecurity or enhance your

Global Money Transfer Interaction Program Concludes in Nepal

Global Money Transfer Interaction Program Concludes in Nepal

Share It On:6th January 2024, Kathmandu To promote global money transfer and explore opportunities in information technology, the Nepal Deposit