Kathmandu: Newly appointed Chief Executive Officer of NIC Asia Bank, Sujit Kumar Shakya, has officially assumed his role.
Shakya was appointed as the bank’s CEO following a decision made at the 736th meeting of the Board of Directors held on Kartik 17. He took charge on Thursday.
With nearly three decades of contributions to Nepal’s banking system, Shakya holds a Bachelor in Commerce from Delhi University in New Delhi, India, and a postgraduate degree in Management from the Institute of Productivity and Management in Lucknow, India.
Beginning his banking career in 1996 with the then Nepal Sri Lanka Merchant Bank, he has served as Head of Business Banking at Himalayan Bank, the former Laxmi Bank, and from 2007 at the former Bank of Asia Nepal.
CEO Shakya played a key role in the merger process between the former Bank of Asia Nepal and NIC Bank. Post-merger, he served as Assistant General Manager and Head of Corporate Banking at the newly formed NIC Asia Bank.
Having previously worked as Deputy Chief Executive Officer at the former Civil Bank Ltd., the former Janata Bank, and Global IME Bank, Shakya was serving as Senior Deputy Chief Executive Officer at Nabil Bank immediately prior to his appointment at this bank.
The bank has expressed expectations that, under Shakya’s leadership—leveraging his strong analytical skills, clear strategic vision, and extensive banking experience—it will achieve significant milestones while adopting more seamless, robust, dynamic, reliable, accountable, and results-oriented practices to attain further success.
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