NMB Laghubitta Chairman Bhattarai: Strengthening Microfinance Governance in Nepal
6th May 2025, Kathmandu
The board of directors selected Bhattarai to lead the institution into its next phase. His long experience in the financial sector and leadership skills made him the top choice. With this move, the company aims to ensure stronger governance and long-term stability.
NMB Laghubitta Chairman Bhattarai
During the same meeting, the board also brought in two new members. Roshan Regmi joined as a founder director. Likewise, Hari Gopal Adhikari was appointed as an independent director. Both bring valuable expertise to the table.
Focus on Strengthening Governance
Bhattarai’s appointment comes at a time when microfinance institutions in Nepal face increasing demands for accountability and transparency. By choosing a leader with deep knowledge of the sector, NMB Laghubitta hopes to meet these expectations.
Roshan Regmi, who joined as a founder director, has been active in community-based financial services. He has worked closely with grassroots groups and micro-borrowers. His insights are expected to help the company better serve rural areas.
On the other hand, Hari Gopal Adhikari brings experience in compliance and regulation. As an independent director, he will help ensure that the institution follows sound policies. His role also supports the board’s focus on fair governance and consumer protection.
Plans to Expand Outreach
Under Bhattarai’s leadership, NMB Laghubitta plans to widen its reach. The company has already built a strong presence in rural and semi-urban markets. Now, it wants to enhance digital access and financial literacy among low-income groups.
Bhattarai stated that financial inclusion is key to reducing poverty. He stressed the need for affordable financial services tailored to the needs of farmers, women, and small entrepreneurs. His focus will remain on providing timely and responsible lending.
The board hopes that this new leadership structure will allow the company to innovate and adapt faster. They believe it will also improve service delivery and customer satisfaction.
Aims for Long-Term Growth
With this change, the institution is preparing for long-term expansion. The leadership team wants to improve risk management, enhance efficiency, and maintain financial discipline. The new chairman has expressed his commitment to ethical lending and customer care.
Furthermore, the board plans to introduce new programs aimed at economic empowerment. These will include small enterprise loans, insurance partnerships, and savings schemes. The goal is to help clients build secure financial futures.
In recent years, the microfinance sector has grown rapidly. However, it has also faced criticism regarding high interest rates and aggressive recovery practices. NMB Laghubitta has stated that it is committed to responsible finance. The new leadership wants to address these concerns through better training and stronger internal policies.
New Leadership, New Goals
With Bhattarai at the helm, the board is confident that the company will remain focused on its mission. That mission is to serve the underserved and improve livelihoods. The appointments of Regmi and Adhikari further strengthen the board’s ability to make informed, balanced decisions.
The chairman has already begun discussions on new strategies. These include deeper collaboration with local governments, community groups, and digital platforms. The aim is to make financial services more inclusive and accessible.
According to the company, this leadership change is not just about filling positions. It marks a strategic shift towards better planning, stronger outreach, and greater impact.
About NMB Laghubitta
NMB Laghubitta Bittiya Sanstha Ltd. operates under the license of Nepal Rastra Bank. It focuses on providing financial services to low-income households and small businesses. The institution has made significant progress in promoting micro-entrepreneurship and women’s financial empowerment.
The company offers microloans, savings products, and financial education programs. Its branches are located across multiple provinces in Nepal. With a growing client base, NMB Laghubitta is considered one of the key players in Nepal’s microfinance sector.
For more: NMB Laghubitta Chairman Bhattarai
