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'UML leaders delaying CEO appointment in RBBL'

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KATHMANDU, March 25: The government has not been able to appoint new CEO of Rastriya Banijya Bank Ltd (RBBL) even though it has already been two and half months since the post fell vacant.

Sources in the state-owned bank told Republica that the process to appoint new CEO has been delayed as some top leaders of ruling CPN-UML are making push for their respective candidates.The post has fallen vacant since January 4 when the then CEO Krishna Prasad Sharma completed his term.

"The selection committee has almost completed its job. However, the government is yet to give a nod on the selection," a senior official of RBBL, said. "In most of the state-owned entities, it is the inter-party squabbling that delays appointments. However, intra-party dispute is affecting the appointment process in RBBL," the official said, requesting anonymity.

Though the bank has given the role of officiating CEO to Deputy General Manager Bhesh Raj Panthi, he also took retirement from the bank last month. Due to delay in the appointment process, the bank's chairman Rabindra Pandey delegated the authority of CEO jointly to deputy managers Bhupendra Pandey and Bishnu Prasad Baidya last week.

Meanwhile, the Nepal Financial Organization Employees' Association has urged the bank management to appoint new CEO immediately.



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