Nepal Infrastructure Bank Ltd. Announces Vacancy for Chief Executive Officer (CEO) Position

Kathmandu, Nepal - March 28, 2024

Nepal Infrastructure Bank Limited (NIFRA), the pioneering Infrastructure Development Bank in Nepal, has announced a vacancy for the pivotal role of Chief Executive Officer (CEO). As the sole institution of its kind in Nepal, NIFRA plays a crucial role in the nation's infrastructure development landscape, supported primarily by the Government of Nepal and financial institutions.

The CEO will be entrusted with overseeing the comprehensive operations of the bank, including the formulation and execution of core strategies. The CEO's responsibilities align with six pillars deemed critical for achieving the bank's vision. These pillars encompass raising low-cost long-term investable funds, infrastructure project ideation and financing, capital and asset-liability management, stakeholder engagement, risk management, governance enhancement, and ensuring profitability and organizational credibility.

Minimum Qualifications and Experience:

• A Master's Degree in relevant fields such as management, banking, finance, economics, or law.
• Alternatively, a minimum of ten years of experience at an officer level or above in banking or finance, government entities, corporate bodies, universities, or international institutions, after completing chartered accountancy or a bachelor's degree in relevant fields.
• Extensive executive-level experience in banks and financial institutions.
• Proficiency in investment and banking operations.
• Proven track record in sourcing low-cost investable funds from domestic and international financial markets.
• Preferential consideration will be given to candidates with education or experience in infrastructure financing, project financing, and public-private partnerships (PPPs).

How to Apply:

Interested candidates meeting the criteria are requested to submit their applications, including an updated resume, evidence of academic qualifications, work experience, and a comprehensive business plan covering a strategic period of five years. Applications should be sent to the email address [email protected] no later than 5:30 PM NST on April 11, 2024.

Note: Only shortlisted candidates will be contacted for further selection processes. The bank retains the right to accept or reject applications without providing reasons.

This vacancy announcement signifies NIFRA's commitment to securing visionary leadership capable of driving Nepal's infrastructure development agenda forward. Applicants are encouraged to seize this opportunity to contribute to the nation's progress in this vital sector.

For further information and updates, please visit the official website of Nepal Infrastructure Bank Ltd. at www.nifrabank.com.