Directors of Nepal Rastra Bank

Posted by: Nilesh Shrestha

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

#DepartmentTotal OfficersDirectors
1Office of The Governor52
2Human Resources Management Department1210
3General Services Department128
4Financial Management Department1817
5Research Department4542
6Foreign Exchange Management Department1715
7Internal Audit Department1817
8Banks and Financial Inst. Regulation Dept.2926
9Bank Supervision Department3533
10Financial Institutions Supervision Department3635
11Micro-Finance Department1312
12Information Technology Department154
13Bankers Training Center55
14Legal Division87
15Public Debt Management Department1110
16Corporate Planning Department99
17Banking Office, Thapathali3828
18Currency Management Department2414
19Household Budget Survey Project128

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

Directors of Nepal Rastra Bank was last modified: October 4th, 2007 by Nilesh Shrestha

Blog Comments

  1. antikarma

    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. anti Anti look before you leap

    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. Anti look before you leap

    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.

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  5. look before you ;eap

    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. sangharsha

    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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