Roshan Neupane Re-appointed as CEO of NIC Asia Bank

Nov Wed 2022 02:08:03

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Roshan Neupane Re-appointed as CEO of NIC Asia Bank

Kathmandu.  Roshan Kumar Neupane re-appointed as the chief executive officer (CEO) of the NIC Bank Limited . The 573rd meeting of the board of directors of NIC Asia Bank Limited held on October 16 has reappointed to Roshan Kumar Neupane as NIC Bank's CEO. The board of directors of the bank has decided to re-appoint Neupane for an additional period of 4 years with effect from 15th of November.

Neupane, who joined the service of the bank from April 2008 at the age of 28 years as the in-charge of the internal audit department at the then Bank of Asia Nepal Limited, became the chief risk officer and became the assistant chief executive officer in 2018. After taking over the leadership of the bank as an assistant chief executive officer and acting as the acting chief executive officer, after the bank achieved encouraging professional growth in various indexes, the 379th meeting of the bank's board of directors dated 16 November 2075 appointed him as the chief executive officer for 4 years with effect from 16 November 2075. was appointed. After being appointed as the Chief Executive Officer of Nepal's leading commercial bank at the age of 38, he became famous as the country's youngest CEO. The 42-year-old Neupane, who is currently living in Budhanilkanth, Kathmandu, Rasuwa district, has emerged as a very successful chief executive officer in the banking sector within a short period of his career, showing exemplary ability.

After he came to the leadership role of the bank, the bank has reached the first number in most of the financial indices, as he has demonstrated exemplary diligence, hard work, determination, determination, efficiency and determination. After being appointed as the Assistant Chief Executive Officer, under his leadership, the bank prepared a five-year integrated strategic plan 'Strategy 2020' (Strategy 2020) in 2014 to take the bank from a middle-level bank to a high-ranking bank. By the year 2019-20, it succeeded in becoming the best in the banking sector in most of the financial and non-financial indicators including loans, deposits, number of customers, net profit, earnings per share, return on equity, branch network.

After Neupane took over the leadership of the bank, making his first term a complete success, the bank has managed to achieve the leading position in most of the indicators. The bank's current In the first quarter of 2079/80, it has succeeded in achieving the number one position in terms of net profit, number of customers, return on equity, earnings per share, branch offices, ATMs, expanded counters, etc. In the first quarter of the current fiscal year, the net profit was Rs. Earning 1.75 billion, it has become the commercial bank with the highest net profit.