Bhandari New Chairman Of NCHL

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Rajan Singh Bhandari, chief executive officer (CEO) of Citizen Bank International, has been appointed the chairman of the Nepal Clearing House Limited (NCHL) by the 81st board meeting of NCHL held on 3rd June 2015. 
 
Similarly, the NCHL Board nominated Upendra Poudyal, CEO of NMB Bank Ltd, as a director of  the NCHL Board for the remaining term after the departure of Ratna Raj Bajracharya who was also the chairman of NCHL earlier. 
 
The board members of NCHL currently include a representative from Nepal Rastra Bank, three representatives from commercial banks, and a representative each from development banks, finance companies and Smart Choice Technologies P Ltd.
 

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