The CEO of Nepal Infrastructure Bank (NIFRA), Ramkrishna Khatiwada, has resigned. His resignation will be effective from the 1st of Magh. His resignation has been approved by the bank’s board of directors.

Along with Khatiwada’s resignation, the board has also decided to assign the responsibilities of CEO to the bank’s deputy general manager, Surya Bahadur Tamang.

Khatiwada was appointed as CEO 3 years ago through an open competition.