Kamala Bagale Appointed as Independent Director of Siddhartha Bank

Siddhartha Bank Limited has appointed Ms. Kamala Bagale as an independent director of the bank. The decision was made during the 452nd meeting of the bank's Board of Directors held on Jestha 23, 2082 (Nepali calendar) at 3:30 PM.

The appointment has been made in accordance with the Bank and Financial Institutions Act, 2073, the Companies Act, 2063, the Regulation on Minimum Qualification and Experience for Directors of Bank and Financial Institutions, 2074, and the internal policies of the bank.

Ms. Bagale, a Nepali citizen holding Citizenship Certificate No. 36 issued on 2042/11/28 by the District Administration Office, Kathmandu, will serve as an independent director for a term of four years starting from the date of the decision.

The appointment has been formally communicated to the Nepal Stock Exchange Limited (NEPSE). The official notice was signed and issued by Mr. Brakshman Ghimire, Company Secretary of Siddhartha Bank.