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Nilesh Shrestha

HIKE

Directors of Nepal Rastra Bank

Nepal Rastra Bank, the federal bank of Nepal is known as one of the best organizations controlled by the government. The employees get sufficient benefits compared to other government owned organization and the bank has been one of the lucrative places to get employed and stick to it for life long. I have come across its official website and got surprised to see that most of the Officers are Directors! Anyone with an Undergraduate Degree is considered as an Officer. Even a small IT Departement (I am familiar with) with 15 Engineers and four of them are Directors. The ratio is much worse in other department. To implement a small size project, which usually takes a couple of weeks for a private organization, a six month period is given to the team. The utilization factor is very low and most of the Officers are engaged in personal business. I have tried to summarize the departemental head count of Directors. For details you can check http://www.nrb.org.np/

# Department Total Officers Directors
1 Office of The Governor 5 2
2 Human Resources Management Department 12 10
3 General Services Department 12 8
4 Financial Management Department 18 17
5 Research Department 45 42
6 Foreign Exchange Management Department 17 15
7 Internal Audit Department 18 17
8 Banks and Financial Inst. Regulation Dept. 29 26
9 Bank Supervision Department 35 33
10 Financial Institutions Supervision Department 36 35
11 Micro-Finance Department 13 12
12 Information Technology Department 15 4
13 Bankers Training Center 5 5
14 Legal Division 8 7
15 Public Debt Management Department 11 10
16 Corporate Planning Department 9 9
17 Banking Office, Thapathali 38 28
18 Currency Management Department 24 14
19 Household Budget Survey Project 12 8

This report might me controversial but it clearly shows that there should be a better way of management.

10 thoughts on “Directors of Nepal Rastra Bank

  1. whatever is not proper word for what nilesh is describing over ehre. We have to know fact truth. He has nowhere written that undergrads can never be director in Nepal Rastra bank or any other his company

  2. What I mean is rather than looking at crap of other places, he should look to flush out the crap of his own place as he is in the position to do so. The frustration among people is people who so called managed them are just simply worthless from directors to managers, come on in d2 there are hell lotta managers about 1/4th. Think about it

  3. look before you leap, you did not read properly and the theme: the authore has not said they are ineligible to be directors because they are undergrads, but the writers is showing too many managera and directors spoil the working culture, and the organization is always in ruins, the company loses clients, and we know NRB nepal rastra bank is worst place to do job although it pays handsomely than any other offices in nepal.

  4. Thanks for all the grinding commissions over the years. It was always a priceless course having you blog. It is attractive to transport one’s self into the substance of the down memory lane, to see how a cunning gentleman has thought before us, and to what noble ceiling we have at last make. Best of luck in your new endeavor if you’ll have a need out of conception, always assume term papers writing. Please keep it up! Cheers.

  5. U mentioned about undergrads being director, but as far as I know, all the directors of your company are undergrads.How about that?

    Personally I feel being undergrad is not an issue but they lack vision to direct. I think the meaning of director is one who directs but your directors don’t direct but they are being directed and sad part is they know it as well.

  6. The statistics is really surprising and interesting!
    Most of the members being directors, may be thats why that place is lucrative.
    😀

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