The management committee of Bank of Kathmandu appointed Shovan Dev Panta as its new Chief Executive Officer (CEO).

The meeting on August 18 appointed Panta for a four year period.

Panta previously worked as CEO of Lumbini Bank before it merged with Bank of Kathmandu. He started his banking career in Nabil Bank and has over 30 years of experience.

Panta has also worked as CEO of Nabil Bank and Nepal Bangladesh Bank. He will assume office from Sunday.