The Ministry of Finance had appointed Kafle, who is also a board member of the state-owned bank, on Thursday after the central bank instructed BFIs not to give executive power to chairman of the board of directors. [break]
Ram Prasad Adhikari, chairman of the board of directors, was serving as managing director of the bank before Kafle´s appointment.
Jitendra Singh Thapa, president of the union´s RBB chapter, said they will not accept political appointments at the bank. “RBB is in need of a competitive person,” he said.
Meanwhile, the government is preparing to appoint a new CEO at the bank. It has already formed a committee to recommend the new CEO.
Thapa questioned the government decision of appointing short-tem CEO when acting CEO was already overseeing the bank´s activities.
Officials at the bank told Republica that Kafle had assumed office early Friday morning to avoid employees´ protest. However, the employees barred Kafle from entering the office on Tuesday. More than 250 employees participated in sit-on protest on the day.
“We won´t withdraw our protest unless she agrees to resign,” Thapa said, adding that they would intensify their protest from next week if their demand is ignored.
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