Chairman Shrestha Still Active, He Never Follow Fellows Suggestion

June 21st, 2023

Kathmandu, lastly, Agree to abandon position by debated Everest Bank chairman B.K Shrestha. Charge him crossed the age boundary

Regulator body Nepal Rastra Bank were given advice to abandon the position about the age boundary previously. Shrestha’s age boundary is going to reach over 95. But, his emotion, energy, obstinate no hearing any one’s suggestion till to yet staying bank’s chairman position.

For example previous day many more times not followed suggestion and direction. He always ignore, other. Narayandas Manandhar was file up the petition in the court against him about the age boundary.

Against him, some Bankers charge him crossed the boundary of age, He crossed the 90 year also he is trying to save own position. Nepal Rastra Bank direction also ignore, Charging the file up petition in the court cause of his obstinate and stayble his manner still he is working continue.

Everest Bank’s chairman BK shrestha he is busy as a youth, His manner is one man one decision, also Don’t believe own his son and wife therefore yet he alone managing own bank.

BK shrestha He was first General Manager of Nepal Industry development Corporation (NIDC). before the royal regime, Royal palace charge him corporation’s irregularity. Royal palace trying order to send to jail, but, he was able to flee from country,

His flee from the country after he reached Sikkim, he found Beer factory in the Sikkim along with he found homeopathy medicine factory in Calcutta, along with start to clothe trade, he success to earn lot of money, He went to start business in the New Delhi. His medicine factory SBL homeopathy Medicine Manufacture big and reputed company.

Delhi reached shrestha He had able to hold Panjab National Bank’s share and made him access to management level. After that many more year he came to open the bank in Nepal, Name of Everest Bank.

Bikram sambad 2020 he was flee from Nepal, after fallen the panchayati regime in Nepal. After the cut off the Royal family’s right in the Nepal government he came to Nepal. He was invest business beside the Bank in Nepal.

Today’s than 25 years ago or A.D. 1994 Name of Maitradev pathak’s first Chairman of Everest Bank was founded.

He made steering committee members his elder brother. He was appointed in the bank to assistance regular salary receiver. But, suspect him and avoid from steering committee.

Now he is living with younger wife. His son mukund shrestha was working in America.

Nepal Rastra Bank informed about the aged issue. According to provision any bank or financial company, in steering committee member or CEO may not stay boundary of age.

Ultimately, BAFIA’s provision not revision. Nepal Rastra Bank can not  suggest beside only orally, may not provide letter and order, Nepal Rastra Bank already suggest to him about age boundary.

According to Everest Banks sources said, this decision will recommend that through the next general meeting.

His chairmanship handover to his family or make to whom in form of dummy chairman. About age issue are concentration whole of the investor.

In the Everest Bank Indian Panjab National Bank’s 20.03 % or 10 thousand million, 60 lakhs 81 thousand 2 hundred 69 have founder share.

As though, 30.78 Percent or 2 million 47.11 thousand 5.3 decimal 69 per share for general public, 49.19 share bank’s not to say.

According to resources Shrestha already he was trying to bring his son in Nepal, But, his son denied, anyhow he will not come Nepal.

He has gave own share part of to his daughter Pratibha shrestha. But, she is not able to come management body of bank’s leadership. Arunman Sherchan is a near and confident person. He has belongs to 3.21 Percent or 25 Lakhs 73 thousand 6 hundred 73 share.

Sherchan he is from the founder of Bank and also steering committee member. He is very close and confident pocket person of shrestha’s.

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