Who Is The Highest Paid CEO In Nepal?

Who Is The Highest Paid CEO In Nepal?

Every bank in Nepal pays its CEO a different salary. It varies according to several aspects, such as the type of bank, the level of profitability, and the level of market competition.
There is more to the salary than just base salary. Numerous add-ons are included, which enhance the product. Residence, travel, and communications allowances are the most prevalent. Chief executive officers also get contributions to their provident fund, performance-based incentives, and annual bonuses. Part of the package includes even Dashain allowances. All of these appear to have greatly inflated the CEO’s compensation. Let’s have a look into the name of the highest paid CEO in Nepal.

Who Is The Highest Paid CEO In Nepal?

The highest-paid bank CEO in Nepal was Anirvan Ghosh Dastidar but now the title of the highest paid CEO in Nepal goes to Gorakh Shumsher Rana, and he is the CEO of Standard Chartered Bank Nepal. Anirvan Ghosh Dastidar used to be the CEO of Standard Chartered Bank Nepal. Mr Rana  has a handsome salary of NPR 85.19 million per year that includes allowances, benefits, and performance bonuses. . Salary of Gorakh Shumsher Rana is significantly higher than that of the other bank CEOs in Nepal. Apart from the basic salary, this amount.

Gorakh Shumsher Rana is the husband of Late princess Princess Shruti Rajya Lakshmi Devi Shah.

Gorakh Shumsher Rana began his career at Grindlays Bank, which was later acquired by Standard Chartered. Prior to his appointment as CEO in the bank, he served as the Deputy CEO of the Standard Chartered Bank Nepal. Before becoming Deputy CEO in 2022, Gorakh Shumsher Rana was the Head of Global Banking and Commercial Banking.

Let’s have a look into the list of salary of highest paid CEO after Gorakh Shumsher Rana.

1. Nepal Investment Mega Bank (NIMB)

CEO: Jyoti Prakash Pandey

Total Annual Salary: NPR 41,250,000

Approx. in Crore: 4.12 crore

2. Prabhu Bank

CEO: Ashok Sherchan

Total Annual Salary: NPR 39,430,000

Approx. in Crore: 3.94 crore

3. NIC Asia Bank

CEO: Roshan Kumar Neupane (Recently resigned)

Total Annual Salary: NPR 29,860,000

Approx. in Crore: 2.98 crore

4. NMB Bank

CEO: Sunil KC

Total Annual Salary: NPR 24,160,000

Approx. in Crore: 2.41 crore

5. Nabil Bank

CEO: Gyanendra Prasad Dhungana

Total Annual Salary: NPR 23,650,000

6. Himalayan Bank

CEO: Ashok Rana

Total Annual Salary: NPR 21,520,000

7. Sanima Bank

CEO: Nischal Raj Pandey

Total Annual Salary: NPR 19,360,000

8. Machhapuchhre Bank

CEO: Santosh Koirala

Total Annual Salary: NPR 18,600,000

9. Laxmi Sunrise Bank

CEO: Ajay Bikram Shah

Total Annual Salary: NPR 17,260,000

10. Siddhartha Bank

CEO: Sundar Prasad Kadel

Total Annual Salary: NPR 17,030,000

11. Citizens Bank

CEO: Ganej Raj Pokharel

Total Annual Salary: NPR 16,530,000

12. Prime Commercial Bank

CEO: Sanjeev Manandhar

Total Annual Salary: NPR 16,390,000

13. Global IME Bank

CEO: Surendra Raj Regmi

Total Annual Salary: NPR 15,650,000

14. Kumari Bank

CEO: Ram Chandra Khanal

Total Annual Salary: NPR 9,290,000

15. Krishi Bikas Bank

CEO: Govinda Gurung

Total Annual Salary: NPR 5,950,000

16. Rastriya Banijya Bank

CEO: Devendra Raman Khanal

Total Annual Salary: NPR 5,740,000

17. Nepal Bank Limited

CEO: Tilak Raj Pandey

Total Annual Salary: NPR 5,480,000

Summary:

Let us know what’s your thought on this article about “Who Is The Highest Paid CEO In Nepal”. This article is based on the latest information from the concerned authorities. Data may changes.