Former National Planning Commission Vice-Chairman Dr Biswo Nath Poudel has been appointed as 18th governor of Nepal Rastra Bank, the central bank of Nepal.
A meeting of the Council of Ministers held on Tuesday decided to appoint noted economist Poudel as the 18th governor of the central bank, informed Minister for Communication and Information Technology, Prithvi Subba Gurung, who is also the government’s spokesperson. has informed after Tuesday’s cabinet meeting.
The government has appointed economist Dr Biswo Poudel as the 18th governor of Nepal Rastra Bank (NRB), concluding weeks of political negotiation over who would lead the central bank.
The Cabinet meeting had finalised Poudel’s appointment based on the recommendation of a selection committee headed by Deputy Prime Minister and Finance Minister Bishnu Paudel. The committee had shortlisted three candidates – Biswo Poudel, acting governor Neelam Dhungana Timilsina, and Dinesh Bhattarai.
The position had remained vacant since April 7, when the tenure of outgoing governor Maha Prasad Adhikari terminated. During the interim period, deputy governor Timilsina had served as the acting governor.
Poudel brings an extensive background in economics, public policy, and international cooperation. He received his PhD in Economics from the University of California, Berkeley in 2010. He served as vice chairperson of the National Planning Commission, senior economic advisor at the Ministry of Finance, and chief economic advisor to the Confederation of Nepalese Industries (CNI), among others.
The government has appointed economist Dr Biswo Poudel as the new governor of Nepal Rastra Bank (NRB), concluding weeks of political negotiation over who would lead the central bank.
