Chet Prasad Upreti Appointed as Chairman of Nepal Clearing House Ltd.

Chet Prasad Upreti, Executive Director at Nepal Rastra Bank (NRB), has been appointed as the Chairman of the Board of Directors of Nepal Clearing House Limited (NCHL). He officially took the oath of office and secrecy at a formal ceremony held today. Upreti replaces Bishrut Thapa, another Executive Director of NRB, who previously held the position.

Upreti brings with him over 27 years of experience working in various departments of the central bank. He holds an MBA degree from Tribhuvan University. Currently, he serves as the Executive Director of the Non-Bank Financial Institution Supervision Department at Nepal Rastra Bank.

The NCHL board includes representatives from Nepal Rastra Bank, commercial banks, development banks, and finance companies. NCHL is a company promoted by NRB and financial institutions, established to develop and operate national payment systems in Nepal.