Banks Must Fill CEO Posts Within 3 Months Under Proposed NRB Rules

Summary

Nepal Rastra Bank has proposed a rule requiring banks and financial institutions to fill CEO and designated managerial vacancies within three months.

Key Points
  • Nepal Rastra Bank has proposed mandatory appointment of CEOs within three months of vacancy.
  • The proposal is part of a draft amendment to the Staff Service Regulations.
  • The same three-month requirement will apply to other designated managerial positions.
  • Stakeholders can submit feedback on the draft amendment until June 29.
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