Nepal Bank concludes 66th AGM
The meeting also approved the remuneration, terms, and benefits for auditors for the fiscal year 2082/83.
KATHMANDU: Nepal Bank Limited successfully held its 66th Annual General Meeting (AGM) for the fiscal year 2081/82, approving the Board of Directors’ annual report, auditors’ report, and financial statements as of Ashadh 2082.
The AGM took place yesterday, Wednesday, at the Nepal Police Club, Bhrikutimandap, Kathmandu, under the chairmanship of Board Chairman Prof. Dr. Dilliraj Sharma.
The meeting also approved the remuneration, terms, and benefits for auditors for the fiscal year 2082/83.
Furthermore, the Board was granted the authority to appoint auditors based on recommendations from the Office of the Auditor General.
In line with Article 31 of the bank’s regulations, the AGM passed a proposal to amend provisions regarding directors’ remuneration, allowances, and benefits.
The Board has also been authorized to make necessary adjustments if any suggestions for changes are received from the regulatory authorities.
