Kathmandu. The Board of Directors of Sanima Bank has appointed Nischal Raj Pandey as the Chief Executive Officer (CEO) of the bank. He has been appointed for a four-year term with effect from January 26, according to current CEO Bhuvan Dahal.

The Board of Directors meeting has decided to appoint Pandey as CEO. Bhuvan Dahal's eight-year term ends on January 25. Chief Executive Officer Dahal is retiring on January 25 after completing two terms. After that, Pandey will take over the management of the bank from December 25.

Pandey was earlier in charge of the department. After making him the chief executive officer, the board of directors of the bank has promoted him to the post of deputy chief executive officer.