Laxmi Prasad Upreti Elected Chairman of National Cooperative Bank Limited
Summary
Laxmi Prasad Upreti was elected Chairman of the National Cooperative Bank Limited by securing 5 out of 7 board votes, defeating Paritosh Poudyal despite a political alliance to support Poudyal.
Key Points
- Laxmi Prasad Upreti elected Chairman of National Cooperative Bank Limited with 5 of 7 board votes.
- Paritosh Poudyal, candidate backed by a political alliance, received 2 votes in the board election.
- Election held under amended bylaws requiring majority board member votes for chairman selection.
- An alliance of three political parties led to division in voting, with Poudyal as the UML candidate receiving fewer votes.
