NIC Asia Bank Appoints Mr. Sujit Kumar Shakya as New CEO

Mr. Sujit Kumar Shakya

NIC Asia Bank Limited has officially appointed Mr. Sujit Kumar Shakya as its new Chief Executive Officer (CEO) for a four-year term. The decision was finalized during the bank’s 736th Board of Directors meeting, held on 2082/07/17.

About the New CEO

Mr. Shakya, a resident of Pulchowk, Ward No. 3, Lalitpur Metropolitan City, brings with him more than 28 years of extensive experience in the banking industry. Before this appointment, he served as the Senior Deputy Chief Executive Officer at Nabil Bank Limited, where he also held the position of Chairman.

He holds a Post Graduate Diploma in Business Management from the Institute of Productivity Management, India, and a Bachelor of Commerce (Honors) degree from Delhi University.

Vision and Leadership

Recognized for his strategic foresight and proven leadership, Mr. Shakya is expected to steer NIC Asia Bank toward sustained growth, digital transformation, and innovative financial solutions. His appointment marks a new chapter in the bank’s pursuit of excellence within Nepal’s evolving financial landscape.

Appointment Details

As per the agreement, Mr. Shakya will formally assume office within the next 30 days. The bank will share further details regarding his official assumption of duties and responsibilities upon commencement of his term.

About NIC Asia Bank

NIC Asia Bank Limited is one of Nepal’s leading commercial banks, known for its extensive branch network, strong customer base, and innovative banking services. With a paid-up capital exceeding Rs. 11.56 Arba, the bank operates over 360 branches, 80 extension counters, and 550+ ATMs across the country.

Since its establishment, NIC Asia Bank has consistently been at the forefront of promoting financial inclusion, digital banking, and customer-centric solutions—making it one of the most dynamic institutions in Nepal’s banking sector.

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