Kathmandu – “With determination and a strong will, nothing in the world is impossible,” says Sujit Shakya, Senior Deputy CEO of Nabil Bank, whose inspiring career trajectory proves this statement true. From humble beginnings to becoming a key figure in Nepal’s banking sector, Shakya’s story is a testament to perseverance and hard work.

Early Years and Education

Shakya grew up in a middle-class family in Patan. Initially uninterested in academics, he studied to fulfill his parents’ aspirations rather than his own. Over time, his mindset changed, and by high school, he had embraced the importance of education. Shakya attended several prestigious schools, including St. Xavier’s in Jawalakhel, and pursued higher education in India, earning an MBA from Lucknow after completing his undergraduate studies in Noida.

Adjusting to a new environment in India posed challenges, but Shakya made the most of his time there. Apart from excelling academically, he developed an interest in music, which became a creative outlet for him.

Professional Journey

After returning to Nepal, Shakya received job offers with lucrative salaries—Rs. 14,000 per month at the time—from organizations like Lumbini Airways and Club Himalayan. However, he chose to enter the financial sector, starting as an intern at Nepal Sri Lanka Merchant Bank with a daily stipend of Rs. 100.

Though criticized for forgoing higher-paying opportunities, Shakya believed in gaining exposure rather than just earning money. Over time, he progressed to roles such as Trainee Investment Analyst and later earned promotions that brought higher salaries.

His career path took him through various banking institutions, including Himalayan Bank, Laxmi Bank, and NIC Asia Bank, where he honed his skills in corporate banking, market analysis, and leadership.

Joining Nabil Bank

Shakya eventually joined Nabil Bank as Deputy CEO after a long journey through several other institutions. Despite facing challenges and turning down an earlier opportunity with Nabil due to timing issues, he eventually embraced the role, becoming a key part of the bank’s leadership team.

While he hasn’t set his sights on becoming a CEO yet, Shakya believes the right opportunities will come with time. He emphasizes the importance of patience and careful decision-making in career advancement.

Advice for Aspiring Bankers

Shakya highlights the necessity of technical training, stress management, and networking for career growth in banking. He advises newcomers to decide early whether they want to commit to the sector and avoid entering it solely for short-term gains.

He also underscores the evolving nature of Nepal’s banking industry, which has seen significant advancements in sustainable banking and regulatory oversight led by Nepal Rastra Bank.

Balancing Life and Work

Despite the demanding nature of his profession, Shakya stresses the importance of balancing professional responsibilities with personal life. “Bankers must manage time effectively to ensure they give enough attention to their families while meeting the demands of the job,” he says.

Money’s Role in Life

Acknowledging the importance of money, Shakya asserts that financial resources are crucial but not everything in life. “Money matters, but so do integrity and social prestige, especially in the banking sector,” he states.

Shakya’s journey—from managing his father’s clothing shop to becoming a key leader in Nepal’s banking industry—serves as an inspiration for those aspiring to achieve success through dedication, resilience, and strategic thinking.