Experience

Responsibilities:                                                                                                                                           

• To act as Chief of Overall Credit Portfolio of Bank 

• To act as an advisor to the CEO in regards to credit matter.

Responsibilities:                                                                                                                                           

• Was assigned primarily to revive the organization given slack performance in the past.

• To act as Chief of the organization and look after investment, merchant banking, issue management, registrar to shares services, Portfolio Management etc.

Major Achievement:

• Floated 5 years Strategic Plan to lead the whole industry setting timelines.

• Increased DMAT accounts by 7 times from 20K to 145 K in a year reaching 6^th Highest Holder in Industry.

• Re-organized sales and investment teams. Result was immediately seen with over 74 Crores in Investment Income and increase in business in every parameter from PMS, Underwriting, Issuance by many folds.

• Increased the presence in Digital Marketing by increasing presence in Social and Digital Communications.

• Was able to maintain EPS above 60 even when the capital size was increased substantial.

• Floated two Closed Mutual Fund successfully with subscription in 2 Days of issuance for first and within timeline for second (oversubscribed).

• Was able to obtain Fund Manager license for Private Equity/VC.

Responsibilities:                                                                                                                                           

• 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, Information Technology Department & Digital Banking, Legal, Central Trade Operation & SWIFT, Credit Administration, Procurement and Treasury & Global Markets.

• 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.  

Major Achievements: 

• Developed many KPI Visualizations and MIS for individual department wise work performance.

• Contributed to initiation and completion of many digitization projects including migration to Finacle Software, Digital Archival as well as other innovative products.

• Contributed in bringing down long outstanding deviations in operations department compliance.

Responsibilities: 

• Planned for strategy to revive the organize, merge and upgrade and establish as leading Development Bank.

• Act as the Executive Head of Operations and Credit/Business Department supervising 6 Department Heads.

• 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.

Responsibilities: 

• 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.

Responsibilities:

• Co-ordinate logistics for the initialization of the newly set up bank (timely supply of printed and other bank materials to Sudan from local procurement in Nepal).

• Do write-ups for the bank profile and website materials.

• Management of client queries through website feedback system.

• Manage the liaison office and keep records of accounts.