Dinesh Thakali

M.Sc. IT (Data Analytics)

Completed M. Sc. (IT)

LLB

Completed LLB

C.A.

CA FROM ICAN.

MBS

MBS DEGREE COMPLETED

CEO

• Chief Executive Officer of the Bank.

CBO

• Chief Business Officer handling overall credit portfolio.

Managing Director

• Investment Banking, Issue Management, Fund Management, RTS/RTA, Portfolio Management, Private Equity/Venture Capital and related works.

Chief Operating Officer

• To act as Chief Operating Officer and ensure smooth day to day operations of the Bank.
• Supervise 7 various Departments of the Bank including Central Operations, Central Trade Operations, Reconciliations, Shares, Central Clearing, Credit Administration and CIC Unit.
• To act as member of Risk Committee, Procurement Committee and Management Committee.
• To act as an advisor to the CEO in regards to bank operations.
• To perform such other functions as may be prescribed in relation to the operation of the bank.

Deputy General Manager/Deputy CEO/Officiating CEO

• Act as the Executive Head of Operations and Credit/Business Department.
• Make detailed strategic planning for the organizational growth in consultation of Board of Directors and communicate to the middle level management regarding the plan.
• Prepare detailed budget for the organization based on the appropriate returns to shareholders, past growth history of the bank and competitors’ status.
• Monitor, Guide, Direct and Supervise the performance of individual departments, branches and units with regards to the planned benchmarks.Major Achievements:

• Turned around the performance of the bank in terms of profitability by increasing profit by 76% in relation to previous year’s profit in first year of take over as Deputy General Manager.
• Increased the marketing activities and the portfolio of the bank in terms of deposit and lending was remarkably increased by 34% and 28% respectively.
• Earning Per Share of the organization increased to 29 Rupees per 100 Rupees Face Value share from 18 Rupees per Share.
• Problematic loans were appropriately handled and solved in permanent manner.
• Spearheaded the IT Integration work, HR Integration Work, Policy Integration Work and Joint Operations Initialization of two merging entities (Shangri-la Development Bank Limited and Bageshwary Development Bank Limited) in the role of Joint Secretary of the Joint Merger Committee.

Management Trainee/ Deputy Manager/Manager/Sr. Operations Manager

• Making proper accounting entries and managing accounts receivables/payables, assets accounts.
• Supervise the customer service staff as well as teller area to provide better services to the customer.
• Reconcile bank accounts and make up to date reconciliation statements of nostro/vostro accounts.
• Prepare cost benefit analysis of new products and changes in interest rates.
• Prepare budget for the financial year (branch wise and compilation), prepare quarterly variance reports.
• Prepare financial statements as per the Central Bank Directives and Nepal Accounting Standards.
• Manage liquidity and advice for the investments in Treasury Bills, Government Bonds for various periods, or search for opportunities for inter-bank lending getting highest returns.
• Prepare Fixed Assets Ledger and calculate depreciation of all branches and physically verify it periodically.
• Prepare feasibility study and calculate break-even point for new branches/extension counters.
• Prepare and timely report to the Central Bank with required daily, weekly, quarterly and annual reports.
• Conceptualize, prepare and modify various daily management reports including that of funds, ratios, profitability, deposit trend, cash position, lending trends etc.
• Reconcile inter branch accounts and ATM Transactions with the service provider.
• Supervise six different Units under the Operations Department (Human Resources, Customer Services, Information Technology, Treasury, Finance & Accounts and Security).Major Achievements:

• Saved over 2 Million Rupees in a year by managing the Cash Reserve Ratio
• Reconciled pending differences of over 11.2 Million Rupees between the branches within a year of joining the bank.
• Developed, designed and implemented systems and procedures for better internal control, MIS and customer service.
• Started diversification of portfolios in investments and increased the portion of income from treasury and investment functions.
• Handled successful opening of 8 branches within 2 months starting from the rental negotiation, logistics, marketing to the branch stabilization.

Principal

• Lecturer for Accounts for CAP I Course and Corporate Law for CAP II Course
• Preparation of academic plan and ensure quality control of the education.
• Give guidance, counseling and motivation to the students.

Articled Trainee cum Auditor

• Planning and performance of internal audit, statutory audit, tax audit and donor funded audit (Have audited various private, public, government, semi-government organizations as well as NGO and INGO’s including RWSS, UMN, Norwegian School, CARE – Nepal, American Mission Association etc.
• Maintenance of books of accounts and preparation of financial statements;
• Assisting in Tax Returns to the Clients;
• Assessment and reporting through management letter of the weaknesses in internal controls;
• Assistance in providing consultancy services like valuation, feasibility study and specific audit works like investigations;
• Resolve and respond to the accountancy related queries and problems of the clients.