Kathmandu, Oct. 6
Nepal
Bank Limited has reduced the number of directors nominated by the government
from four to three.
A
special Annual General Meeting of the bank on Monday has decided to bring down
the number of government nominated members in the Board of Directors of the
company while the representation from the public shareholders is increased to
three from two.
The
AGM organised via virtual Zoom meeting has amended the company bylaws, informed
spokesperson of NBL Prakash Kumar Adhikari.
The
meeting has also authorised the Board of Directors to make the necessary
changes in the statute and bylaws of the bank should there be any
recommendations from the regulatory bodies.
Published in The Rising Nepal daily on 7 October 2020.
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