Nabil Bank appoints Manoj Gyawali as acting CEO

KATHMANDU: Nabil Bank has appointed Senior Deputy CEO Manoj Gyawali as the Acting Chief Executive Officer (CEO).

The bank’s board of directors made the decision during their meeting on Wednesday, assigning him the role of interim CEO.

According to the bank’s company secretary, Vishwaprakash Paudel, the board has confirmed Gyawali’s new responsibilities.

Gyawali resigned from his position as CEO of Jyoti Bikas Bank in 2020 and joined Nabil Bank as a Deputy General Manager (DGM).

Over the past four years, he has climbed the ranks, becoming Deputy CEO, Senior Deputy CEO, and now, the Acting CEO.

In December, Gyawali was promoted to Deputy CEO and is recognized for his strong coordination skills with the board and shareholders, as well as his clear communication. There has been talk within the bank about making him the permanent CEO.

He is popular among the younger generation and is seen following the leadership style of former CEO Anil Kesari Shah. His working style has been praised within the bank.

A Chartered Accountant by profession, Gyawali also has experience working at Nepal Rastra Bank.

Former CEO Gyanendra Dhungana had resigned, and according to company secretary Paudel, the board approved his resignation effective from March 10.