Nabil Bank Chief Executive Officer (CEO) Gyanendra Dhungana has stepped down, effective from Chaitra 10.
Dhungana had tendered his resignation to the bank’s board of directors, which officially accepted it during a meeting this morning.
According to sources, Dhungana’s decision to resign is linked to his aspirations for the governorship of Nepal Rastra Bank, the country’s central bank. His departure clears the way for him to focus on the selection process for the top post.
Following his exit, the board has appointed Manoj Kumar Gyawali, the bank’s senior deputy CEO, as the acting CEO. Gyawali will assume leadership responsibilities until a permanent appointment is made.