12th December 2024, Kathmandu
Suresh Devkota has taken over as the Chief Executive Officer (CEO) of Sindhu Bikash Bank. His appointment, effective from December 16, 2024 (Poush 1), will last for four years. The bank’s board decided at the 444th meeting on December 10, 2024 (Mangsir 25).
Suresh Devkota Appointed CEO Sindhu Bank
A Wealth of Banking Experience
Devkota brings over 20 years of experience in the banking sector. Before his appointment at Sindhu Bikash Bank, he served as the CEO of Nabil Stock Dealer. He resigned from this role at the end of the previous year for personal reasons.
Throughout his career, Devkota worked with notable institutions such as Nepal Bank, Nepal Bangladesh Bank, Nabil Bank, and Nabil Stock Dealer. His leadership across these organizations has shaped him into a highly capable banking professional.
Professional Expertise and Achievements
Devkota is a Chartered Accountant with extensive expertise in banking functions. He began his career in 2005 (2062 BS) at Nepal Bank, later moving to Nepal Bangladesh Bank. Following the merger with Nabil Bank, Devkota served as Chief Investment Officer at Nabil Bank.
He held senior roles in various areas, including Chief Financial Officer, Chief Operating Officer, and Chief Risk Officer. His leadership strengthened operations and financial strategies at every institution he worked for.
Contributions to Other Organizations
In addition to his banking career, Devkota served as a director at Nepal Grameen Bikas Bank and IME General Insurance. His input has played a key role in these organizations’ growth and direction.
Educational Qualifications
Devkota earned a Master’s degree in Management from Tribhuvan University. He has also been a member of the Nepal Institute of Chartered Accountants (ICAN) and currently serves on the Nepal Accounting Board.
Looking Forward with Sindhu Bikash Bank
With his extensive experience in banking and finance, Devkota is ready to lead Sindhu Bikash Bank to new heights. The bank’s management team believes his leadership will bring innovation and growth. Devkota is expected to focus on enhancing services and driving the bank’s next phase of development.
A Bright Future Ahead
Devkota’s appointment as CEO marks an exciting new chapter for Sindhu Bikash Bank. With his experience and leadership, the bank is poised to strengthen its position in Nepal’s competitive banking industry.
For more: Suresh Devkota Appointed CEO Sindhu Bank
