Chintamani Siwakoti & Shivraj Shrestha appointed as the deputy governor of NRB

The meeting of the cabinet of ministers held today has appointed Chintami Siwakoti and Shivraj Shrestha for the post of deputy governor in Nepal Rastra Bank (NRB).

Siwakoti who has been recommended by the Finance Minister hails from Jhapa while the remaining three proposed by the governor are from Syangja district.

As per Clause 16 of the NRB Act, 2058, candidates twice the number of vacant posts are recommended on the basis of work efficiency and seniority to the post of the Deputy Government. Based on the recommendation of the Governor, the Council of Ministers takes the final decision. The two deputy governor posts are responsible for supervision and monetary policy.

Erstwhile Deputy Governors Gopal Prasad Kafley and Maha Prasad Adhikari’s five-year-term had expired on December 25.