Kathmandu. There has been a debate in the Nepali banking sector from time to time that ‘if you stay out for some time, you will become outdated’. However, Raj Rimal has been appointed as the Deputy General Manager of Prabhu Bank. The bank has transferred one AGM to Dhangadhi and appointed Raj Rimal as the deputy general manager of the bank.

Rimal had not been banking for 10 years. Genji Bankers may not even know that there was a bank called Commerz & Trust. Rimal is a banker working in the same Commerz and Trust Bank. The bank was later merged with Global IME Bank.

After the merger, Rimal also worked in Global IME Bank for some time. However, the then management transferred him out of Kathmandu citing ‘performance issues’. He left the bank after being transferred. At the same time, he was trying to get a job in another bank. He also gave an interview at the then Nepal Bangladesh Bank (now merged with Nabil). But the bank didn’t hire him.

Suman Sharma, now the CEO of Prabhu Bank, used to work with him when he was transferred out of Kathmandu. What is even more special is that he was on the verge of quitting his job as Global IME Bank had transferred him out of Kathmandu at that time. Now, Prabhu Bank has transferred AGM Ramesh Shrestha out of Kathmandu to a higher post than Ramesh.

It is learnt that Prabhu Bank has brought Rimal to the bank with a plan to make him the deputy CEO. Earlier, Neeraj Lamsal, AGM of Prabhu Bank, was appointed as the acting CEO. However, now Rimal Lamsal has entered the bank in a higher position. There was a competition among Niraj Lamsal and other AGMs to decide who will be the next deputy CEO. But after Rimal Prabhu Bank came to the bank, the chapter of the plan to become the deputy CEO of other AGMs has been closed.

Prabhu Bank is also in loss. Dozens of files have been damaged. Every month, bank officials have been in police custody. In such a situation, there is a discussion in the bank about the performance of a person who has not been banking for 10 years. However, there is also talk that CEO Sharma may have thought well and brought him in.

After leaving Global Bank, Rimal went to work in Chaudhary Group. Rimal’s days in banking have returned after his close brother Prabhu became the CEO of Prabhu. In the past, he had tried to work in various banks, but could not succeed.