Rajesh Upadhyay Appointed Acting President of CBFIN

Summary

The Confederation of Banks and Financial Institutions Nepal has appointed Senior Vice President Rajesh Upadhyay as its acting president. He will lead the organization until a new committee is elected at the upcoming Annual General Meeting.

Key Points
  • CBFIN has named Senior Vice President Rajesh Upadhyay as its Acting President.
  • The post became vacant after Prachanda Bahadur Shrestha resigned as chairman of Himalayan Bank and stepped down from CBFIN leadership.
  • The executive committee unanimously appointed Upadhyay until a new committee is elected at the Annual General Meeting.
  • Upadhyay is also chairman of Mahalaxmi Bikas Bank and has nearly 25 years of experience in banking, insurance, and finance.
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