The Nepal Bankers’ Association (NBA) organized a special program to bid farewell to the outgoing Governor of Nepal Rastra Bank, Mr. Maha Prasad Adhikari, and to welcome the newly appointed Governor, Dr. Biswo Nath Poudel.
In his remarks, outgoing Governor Mr. Adhikari expressed his gratitude for the support he received from the banking sector during his tenure. He reflected on the challenges faced during the COVID-19 pandemic and commended banking institutions for their leadership during that difficult time, acknowledging their contributions to stabilizing the economy. Mr. Adhikari emphasized that the post-pandemic economic stability was not solely the achievement of the central bank, but the result of collective efforts and collaboration across the entire banking sector. Sharing experiences from his tenure, he acknowledged that some past decisions may have been difficult but were necessary for long-term reform. He also stressed the importance of learning from past mistakes to prevent their recurrence and expressed his continued willingness to support the banking sector through his knowledge, experience, and advice.
Similarly, newly appointed Governor Dr. Poudel expressed his commitment to strengthening Nepal’s banking sector and ensuring overall economic stability. He stated that the effective policies and frameworks currently in place at Nepal Rastra Bank would largely be continued, with improvements made only where necessary. Governor Poudel emphasized the importance of formulating policies in consultation and coordination with the banking sector and pledged to steer the Nepalese banking industry toward greater strength, inclusiveness, and long-term development. He called for the support and cooperation of all stakeholders in this endeavor.
During the program, representatives of the banking sector expressed their appreciation to the outgoing Governor and extended their best wishes to the new Governor for a successful tenure. The event was attended by Chief Executive Officers and Deputy Chief Executive Officers of commercial banks.
