Siwakoti, Acharya sworn in as NRB Board members

Acting Chief Justice Deepak Kumar Karki administers the oath of office and secrecy to newly appointed members of the Board of Directors of Nepal Rastra Bank (NRB) Chintamani Siwakoti and Shankar Prasad Acharya at a function held at the Supreme Court on Thursday, May 26, 2022. Photo courtesy: NRB

KATHMANDU: Newly appointed members of the Board of Directors of Nepal Rastra Bank (NRB) Chintamani Siwakoti and Shankar Prasad Acharya have taken the oath of office and secrecy.

Acting Chief Justice Deepak Kumar Karki administered the oath of office and secrecy to Siwakoti and Acharya at a function held at the Supreme Court on Thursday.

As per Article 108 (1) of the Nepal Rastra Bank Act, 2058 the central bank directors should be sworn in by the Chief Justice of the Supreme Court or a judge recommended by him/her.

The meeting of the Council of Ministers held on May 20, decided to appoint Siwakoti and Acharya as members of the Board of Directors of the central bank. Siwakoti has served as the bank’s deputy governor and Acharya as executive director. The duo will serve as the members of the Board of Directors of NRB for five years.

Siwakoti holds a bachelor’s degree in management from Tribhuvan University and the University of Southern New Hampshire in the United States, and Acharya holds a doctorate in economics from the University of North Bengal, India.

Registrar of the Supreme Court Nirmala Paudel, Co-Registrars duo Bimal Poudel and Narayan Prasad Regmi, NRB Director and Secretary of the Board of Directors Muktinath Sapkota and Director Thaneshwor Acharya among others were present at the swearing-in ceremony.

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