CYC Nepal Laghubitta Chairman Resigns

Padmanath Sharma, Chairman of CYC Nepal Laghubitta Bittiya Sanstha Limited, has resigned from his position.

Sharma submitted his voluntary resignation on Bhadra 1, 2083 (August 17, 2026), citing personal family reasons and health conditions.

During its 182nd board meeting held on Bhadra 2, 2083 (August 18, 2024), the company’s board of directors accepted his resignation, making it effective immediately. The board expressed its gratitude to Sharma for his contributions to the financial institution and wished him good health in the future.