Government Appoints Pitambar Bhandari as CEO of Deposit and Credit Guarantee Fund
Summary
The government has appointed Pitambar Bhandari as CEO of the Deposit and Credit Guarantee Fund. Finance Minister Dr. Swarnim Wagle handed him the appointment letter and urged him to protect citizens’ deposits and uphold the institution’s credibility.
Key Points
- The government appointed Pitambar Bhandari as the Chief Executive Officer of the Deposit and Credit Guarantee Fund.
- The appointment was made by a Cabinet decision on the recommendation of the Ministry of Finance.
- Finance Minister Dr. Swarnim Wagle formally handed Bhandari his appointment letter at the Ministry of Finance.
- The fund plays a key role in protecting depositors and supporting financial stability.