February 19: Govind Gurung has been appointed as the Chief Executive Officer (CEO) of Agricultural Development Bank. The meeting of the Board of Directors has appointed Gurung for next four-year term.

As many as 22 individuals had applied for the post of ADBL’s CEO. Out of them, five were shortlisted for the coveted post. Along with Gurung, Pratap Subedi, Yagya Prakash Nupane, Badri Gurgai and Bishnu Dev Yadav were shortlisted for the CEO’s post.

Interview of the five shortlisted candidates took place on Saturday. Gurung was selected for the top job of the Agricultural Development Bank from the interview.

Gurung had served as the Chief Executive Officer of the Civil Bank Limited. He had also worked as Chief Executive Officer of Myanmar Citizens Bank in Myanmar for one and a half years. Gurung has 26 years’ experience of working in the different commercial banks.

Gurung has completed Master of Business Administration (MBA) from Nepal Commerce Campus under Tribhuvan University. He had started his banking career from Himalayan Bank Limited.

Gurung will take charge of the Agricultural Development Bank from Monday. The post of the Chief Executive Officer was vacant after erstwhile CEO Anil Kumar Upadhayay’s tenure came to an end.