Rabin Kumar Nepal appointed chairman of Smart Choice Technologies

KATHMANDU: Rabin Kumar Nepal has been appointed chairman of Smart Choice Technologies (SCT), a payment system operator licensed by Nepal Rastra Bank (NRB).

Chairman Nepal took the oath of office and secrecy before NRB Deputy Governor Bam Bahadur Mishra on Monday. The swearing-in ceremony was attended by the head and executive director of NRB's Payment Systems Department, other officers, members of the board of directors of SCT, and the CEO.

The SCT, which has been providing digital payment services for the past 20 years, offers payment cards, QR, mobile banking, and inter-bank payment services.

Chairman Nepal began his banking career at Nepal Grindlays Bank (now Standard Chartered Bank), worked at Himalayan Bank, and retired from Laxmi Sunrise Bank. He has also served as the founding director and two-term chairman of Nepal Electronic Payment System (NEPS). With extensive experience in various banks and financial institutions (BFIs) in digital payments sector, it is believed that the SCT will reach new heights under his leadership.

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