11th July 2025, Kathmandu
In a recent development at Nepal Rastra Bank (NRB), Director Nischal Adhikari has been promoted to the position of Executive Director. The Human Resource Management Department of the central bank formally appointed him to this key role for the upcoming term.
Nischal Adhikari NRB Promotion
Promotion Based on Service Regulations
The promotion was made according to Section 2068 of the NRB Staff Service Regulations, which governs promotions and internal appointments within the bank. The Executive Director position had been vacant, and Adhikari fulfilled the required criteria to take on the role.
This decision reflects both his seniority and experience within the institution.
18 Years Of Service At NRB
Nischal Adhikari has been serving at Nepal Rastra Bank for the past 18 years. Throughout his career, he has worked in various critical departments and contributed significantly to the central bank’s operations and policy implementation.
His long-standing involvement and deep understanding of the bank’s internal systems have positioned him as a reliable leader within the institution.
Experience Across Key Departments
During his tenure, Adhikari has served in several key departments that play a vital role in NRB’s functioning. These departments include monetary policy, foreign exchange management, regulation, and supervision. His exposure to multiple operational areas has strengthened his leadership capabilities.
As Executive Director, he is expected to take on higher-level responsibilities, including policy direction, departmental coordination, and strategic decision-making.
Strengthening NRB’s Leadership
This promotion is seen as a strategic move by the bank to enhance its leadership team. With the central bank navigating various challenges in Nepal’s financial sector — including inflation control, liquidity management, and digital transformation — experienced leaders like Adhikari are expected to play a pivotal role in institutional stability and progress.
The Human Resource Management Department confirmed that the selection process followed all official procedures and standards.
A Trusted Professional Within the Institution
Colleagues at Nepal Rastra Bank have described Nischal Adhikari as a committed and disciplined officer who has earned respect for his integrity and decision-making. His promotion has been welcomed as a positive development that aligns with NRB’s focus on internal growth and capacity building.
Looking Ahead
With his new role, Adhikari will be closely involved in shaping policies and managing departments under the executive portfolio. His leadership is expected to contribute to the effective implementation of NRB’s ongoing reforms and initiatives aimed at strengthening Nepal’s financial ecosystem.
For more:- Nischal Adhikari NRB Promotion