Kathmandu: Dinesh Thakali, Chief Executive Officer (CEO) of Kamana Sewa Bikas Bank, has been elected unopposed as the president of the Development Bankers Association Nepal (DBAN).

Thakali was elected during the association’s 21st Annual General Meeting (AGM), held on Friday. He will lead the association for the next two years. He previously served as the acting president of the association.

A chartered accountant and experienced banker, Thakali has extensive experience in the financial sector, particularly in financial performance, institutional improvement, digital transformation, risk management, and corporate governance.

Along with Thakali, a nine-member executive committee was elected unanimously for the upcoming term.

Under the new leadership, Madhav Prasad Upadhyay, CEO of Garima Bikas Bank, has been elected vice president, while Kapil Dhakal, CEO of Jyoti Bikas Bank, has been elected secretary. Dipesh Lamsal, CEO of Mahalaxmi Bikas Bank, will serve as the treasurer.

The executive committee members include Taraman Manandhar, CEO of Muktinath Bikas Bank; Suman Acharya, CEO of Lumbini Bikas Bank; Rabin Sijapati, CEO of Shangri-la Development Bank; Hari Bahadur Budhathoki, CEO of Green Development Bank; and Ananta Kumar Chapagain, CEO of Miteri Development Bank.

The newly elected committee is expected to focus on strengthening collaboration among development banks and addressing key issues affecting Nepal’s development banking sector during its two-year tenure.