Shrestha re-elected as Chairman of Development Bankers Association Nepal

KATHMANDU: Suyog Shrestha, CEO of Shangri-la Development Bank, has been re-elected as Chairman of Development Bankers Association Nepal (DBAN). The 19th annual general meeting (AGM) of DBAN, held in Pokhara on March 20, 2025, elected CEOs from various development banks to form the new executive committee.  

Dinesh Thakali of Kamana Sewa Bikas Bank was elected as Vice-Chairman, Madhav Prasad Upadhaya of Garima Bikas Bank as Secretary, and Kapil Dhakal of Jyoti Bikash Bank as Treasurer.  

Other elected members of the executive committee include Naresh Singh Bohara of Lumbini Bikas Bank, Prakash Poudel of Shine Resunga Development Bank, Dipesh Lamsal of Mahalaxmi Bikas Bank, Hari Bahadur Budhathoki of Green Development Bank, and Dinesh Kumar Pokhrel of Saptakoshi Development Bank.  

The AGM unanimously approved the audit report for the fiscal year 2024/25, the Chairman’s report, the estimated income and expenditure for the fiscal year 2025/26, and the appointment of an auditor.  

Re-elected Chairman Shrestha expressed his gratitude for the trust placed in him and reaffirmed his commitment to advocating for the rights and interests of development banks. He acknowledged the pivotal role played by the CEOs of member development banks in strengthening the association and called for their continued support in providing policy advice and guidance in the future.