Laxmi Prasad Upreti Elected Chairman of National Cooperative Bank Limited

Kathmandu. Laxmi Prasad Upreti has been elected as the Chairman of the National Cooperative Bank Limited. Upreti was elected chairman by securing 5 votes among the 7 members of the board of directors. Sources from the board of directors stated that the candidate for chairman, Paritosh Poudyal, received 2 votes. The election for the bank was held on Jestha 9, from which seven directors representing the seven provinces were elected. The voting took place in the board of directors' meeting held on Thursday, in accordance with the recently amended bylaws which stipulate that the chairman is selected by the majority...