Kathmandu: Nepal SBI Bank’s Board of Directors, during its 518th meeting held on September 4, 2024 (Bhadra 19, 2081), has decided to extend the term of the bank’s Managing Director and Chief Executive Officer, Deepak Kumar De, by an additional six months. His current four-year term is set to expire on September 16, 2024 (Bhadra 31, 2081). The extension will take effect from September 17, 2024, and will last until March 16, 2025.

This decision reflects the bank’s continued confidence in Mr. De’s leadership during a pivotal phase of the institution’s growth and development.