New ADBL CEO assumes office

By A Staff Reporter,Kathmandu, Feb. 21: Newly appointed Chief Executive Officer (CEO) of Agricultural Development Bank Limited (ADBL) Govind Gurung has assumed office responsibility from Monday.

Suman Dahal, acting chairman of the Board of Directors, administered the oath of office and secrecy to the newly appointed CEO Gurung today.

Based on the recommendation of the sub-committee formed to recommend the candidates for the appointment of Chief Executive Officer from the Board of Directors of ADBL, the Board of Directors has appointed Gurung as the CEO of the bank for a period of four years on Saturday.

The CEO selection sub-committee chose the names of five people from among the 22 who had applied for the post of CEO. vFrom the presentation and interview, the selection sub-committee recommended the names of three persons to the bank's Board of Directors. The Board of Directors appointed Gurung as the CEO of the bank from among the three persons recommended by the selection sub-committee.

The newly appointed CEO Gurung has a long experience in the banking sector, having previously served as the Chief Executive Officer in Civil Bank and Citizens Bank, Myanmar, according to a press statement of ADBL. 

In addition, the newly appointed CEO Gurung called a staff meeting in the presence of the Deputy General Managers, Heads of Departments of all the departments and took information about the overall activities of the bank and gave instructions to forward the departmental work in a more robust manner by understanding the changing banking market in the days ahead.