Kathmandu, August 17, 2026: Munish Kumar Chandna has been elected Chairman of the Board of Directors of Nepal SBI Bank Limited. The 548th meeting of the bank’s Board of Directors, held on August 12, unanimously elected Chandna, who represents State Bank of India (SBI), as the new Chairman.

Chandna is currently serving as Chief General Manager of International Banking-II at SBI’s International Banking Group, Corporate Office, Mumbai. He provides strategic leadership for SBI’s international operations across East and South Asia, Singapore, Australia and key overseas subsidiaries.

Following his appointment, Chandna took the Oath of Office and Secrecy from Nepal Rastra Bank Governor Prof. Dr. Biswo Nath Poudel. The oath-taking ceremony was held at the central office of Nepal Rastra Bank in Baluwatar, Kathmandu.

The ceremony was attended by Nepal Rastra Bank Deputy Governor Kiran Pandit, Executive Directors Ramu Poudel and Dirgha Bahadur Rawal, and Director Sharan Kumar Adhikari.

Representatives from SBI and senior officials of Nepal SBI Bank were also present, including SBI Deputy Managing Director Kishore Kumar Poludasu, Nepal SBI Bank directors Ritesh Sinha, Bharat Raj Wasti and Apsara Upreti, Managing Director and CEO Ram Kumar Tiwari, Deputy CEO and Chief Operating Officer Vikas Anand, Chief Financial Officer Rajesh Kumar Panda, Chief Business Development Officer Prabin Muni Bajracharya and Company Secretary Khageshwar Bhatt.

With extensive experience in international banking and strategic leadership, Chandna is expected to contribute to the bank’s business expansion, strategic planning and institutional development.

His appointment further strengthens the leadership of Nepal SBI Bank with international banking expertise and continued institutional linkage with its parent bank, State Bank of India.