Snow Rivers Board Accepts Resignation of Chairman Mohan Bikram Karki, Appoints Deepa Rana Magar
15th October 2026, Kathmandu
Snow Rivers Limited has approved the resignation of Board Chairman Mohan Bikram Karki and officially appointed director Deepa Rana Magar as the company’s new Board Chairman.
Snow Rivers Chairman Resignation
Board Resignation, Leadership Succession, and Executive Decisions
The hydropower company executed the leadership transition during its board of directors meeting following the formal resignation submitted by the outgoing chairman.
- Board Chairman Resignation: Outgoing Board Chairman Mohan Bikram Karki formally tendered his resignation from both his position as director and chairman of the board of directors on Ashwin 27, 2083, citing personal busy schedules.
- Formal Board Approval: The board meeting held on Ashwin 28, 2083 (October 14, 2026) officially accepted Mohan Bikram Karki’s resignation.
- Executive Succession Appointment: During the same board meeting, the board of directors resolved to appoint director Deepa Rana Magar to serve as the new Chairman of Snow Rivers Limited.
- Operational Outlook: The leadership handover ensures governance continuity across the company’s ongoing operational and corporate development activities.
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