A Second Lieutenant in the Nepal Army earns a basic salary of NPR 37,990 per month. They might get additional allowances for housing, transport, and field duties. Second Lt or Second Lieutenant is the starting career for the Nepal Army Officer rank. In the fiscal year 2079/80, the Nepal Government implemented a significant 15% salary increase for government employees and also for the Nepal Army.

What Is The Salary Of Nepal Army Second Lieutenant

2nd LT in the Nepal Army makes NPR 37,990 per month

Nepal Army Updated Salary List

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.

Let’s have a look into the list of Salary of CEO of banks in Nepal. Due to frequent media exposure, CEO of banks are becoming the common public figure thus making their lifestyle interesting and curious for the general public.

Salary Of CEO Of Banks In Nepal

CEO Salary Of Standard Chartered Bank CEO Salary

CEO of Standered Chartered Bank: Gorakh Rana

Gorakh Rana, CEO of Standard Chartered Bank Nepal, earned a total of Rs. 85.2 million (Rs. 8.52 crore) in FY 2080/81. He is in the top list of highest paid CEO in Nepal.

CEO Salary Of  Nepal Investment Mega Bank(NIMB)

1. CEO of NIMB bank: Jyoti Prakash Pandey

Jyoti Prakash Pandey, CEO of Nepal Investment Mega Bank (NIMB) is bounded by the salary of total of Rs. 41.25 million (Rs. 4.12 crore).

Breakdown of Jyoti Prakash Pandey Salary:

• Basic salary of Rs. 16.08 million
• Allowances of Rs. 17.17 million
• Dashain allowance of Rs. 2.23 million
• Provident fund of Rs. 1.6 million
• Performance bonus of Rs. 10.6 million.

2. CEO Salary Of Prabhu Bank

CEO of Prabhu bank:  Ashok Sherchan

Ashok Sherchan, CEO of Prabhu Bank, earned Rs. 39.43 million (Rs. 3.94 crore) during FY 2080/81.

Breakdown of Ashok Sherchan salary:

• Basic Salary of Rs. 31.23 million
• Employee bonus of Rs. 3.53 million
• Dashain and leave allowances of Rs. 4.67 million.

3. CEO Salary Of NIC Asia Bank

CEO Of NIC Asia Bank:  Roshan Kumar Neupane ( Resigned recently)

Roshan Kumar Neupane, CEO of NIC Asia Bank, received Rs. 29.86 million (Rs. 2.98 crore).

Breakdown of CEO salary of NIC Asia bank:

• Basic Salary:  Rs. 24.77 million in salary and allowances
• Performance Bonus: Rs. 5.53 million
• Other benefits: Rs. 0.12 million.

4. CEO Salary of NMB Bank

CEO of NMB bank: Sunil KC

CEO of NMB Bank, earned a total of Rs. 24.16 million (Rs. 2.41 crore). His package includes ,

Breakdown of CEO salary of NMB Bank:

• Rs. 9 million as basic salary
• Rs. 8.5 million in allowances
• Rs. 0.9 million in provident fund contribution
• Rs. 5.71 million in bonus.

5. CEO Salary of Nabil Bank

CEO of Nabil bank: Gyanendra Prasad Dhungana

Gyanendra Prasad Dhungana, CEO of Nabil Bank, received Rs. 23.65 million (Rs. 2.36 crore), that includes Rs. 13.25 million as basic salary and Rs. 9.57 million in other benefits.

6. CEO Salary of Machhapuchhre Bank

CEO of Macchapuchhre Bank : Santosh Koirala

Santosh Koirala, CEO of Machhapuchhre Bank, earned Rs. 18.6 million in total annual remuneration in FY 2080/81.

7. CEO Salary Of Siddhartha Bank

CEO Of Siddhartha Bank: Sundar Prasad Kadel

Sundar Prasad Kadel, CEO of Siddhartha Bank, received Rs. 17.03 million in FY 2080/81.

8. CEO Salary of Laxmi Sunrise Bank

CEO of Laxmi Sunrise Bank: Ajay Bikram Shah

Ajay Bikram Shah, CEO of Laxhmi Sunrise Bank, earned Rs. 17.26 million in FY 2080/81.

9. CEO salary of Citizens Bank

CEO of Citizens bank: Ganej Raj Pokharel

Ganesh Raj Pokharel, CEO of Citizens Bank, received Rs. 16.53 million as total annual pay in FY 2080/81.

10. CEO salary of Prime Commercial Bank

CEO of Prime Commercial bank: Sanjeev Manandhar

Sanjeev Manandhar, CEO of Prime Commercial Bank, earned Rs. 16.39 million during the fiscal year.

11. CEO salary of Sanima Bank

CEO of Sanima Bank: Nischal Raj Pandey

Nischal Raj Pandey, CEO of Sanima Bank, received Rs. 19.36 million in total compensation in in FY 2080/81.

12. CEO Salary of Himalayan Bank

CEO of Himalayan bank: Ashok Rana

Ashok Rana, CEO of Himalayan Bank, earned Rs. 21.52 million in FY 2080/81.

13. CEO salary of Global IME Bank

CEO of Global IME banky: Surendra Raj Regmi

Surendra Raj Regmi, CEO of Global IME Bank, received Rs. 15.65 million in total in FY 2080/81.

14. CEO Salary of Kumari Bank

CEO of Kumari bank: Ram Chandra Khanal

Ram Chandra Khanal, CEO of Kumari Bank, earned Rs. 9.29 million for the fiscal year 2080/81.

15. CEO Salary Of Rastriya Banijya Bank (RBB)

CEO of RBB : Devendra Raman Khanal

Devendra Raman Khanal, CEO of Rastriya Banijya Bank, received Rs. 5.74 million during FY 2080/81.

16. CEO salary of Nepal Bank

CEO of Nepal Bank: Tilak Raj Pandey

Tilak Raj Pandey, CEO of Nepal Bank, earned Rs. 5.48 million in total salary.

17. CEO salary of Nepal agricultural development bank or  Krishi Bikas Bank

CEO of NADBL Salary: Govinda Gurung

Govinda Gurung, CEO of Krishi Bikas Bank, received Rs. 5.95 million for FY 2080/81.

The pay of bank CEOs, who are essential to financial growth and strategic management, has therefore been increasing significantly. Recent annual reports show that the CEOs of Nepal’s commercial banks are paid millions of rupees a year, with some making over crores.

Highest Salary Of CEO Of Bank In Nepal

At the moment, the highest salary of CEO of bank in Nepal is NPR 85.19 million (8.51 crore) per annum. The highest  highest-paid CEO in Nepal is Anirvan Ghosh Dastidar and he is currently associated as a CEO of Standard Chartered Bank. With more than 25 years of experience, Anirvan is a senior banker who has served in a number of high-level roles within the Bank, such as CEO position in  Sri Lanka and Philippines. Anirvan has vast knowledge in corporate governance, risk, and retail and wholesale banking. Prior to his Nepal appointment, he was the CEO and Head of Retail Banking in Brunei. As the Bank celebrated its 60th anniversary in 2018, Anirvan was in charge of confirming the Bank’s commitment in Brunei and achieving double-digit revenue growth. Anirvan completed his undergraduate studies at the University of Calcutta with a Bachelor of Commerce. He started his career  with ANZ Grindlays in India.

Bonus list:

Total Annual Salary of Commercial Bank CEOs in Nepal

According to the report from the bank, Anirvan Ghosh Dastidar, CEO of Standard Chartered Bank Nepal, earned a total of Rs. 85.19 million (Rs. 8.51 crore) in fiscal year 2080/81, making him the highest-paid bank CEO of Nepal.