Siwakoti, Shrestha appointed deputy governors

Kathmandu March 2– The Cabinet on Wednesday appointed Chintamani Siwakoti and Shiba Raj Shrestha deputy governors of the Nepal Rastra Bank. Earlier in January last week, NRB Governor Chiranjibi Nepal had recommended four names for two positions of his deputies including Shrestha and Siwakoti.

According to the government spokesperson, Minister for Information and Communications, Sherdhan Rai, the Cabinet meeting held today made the appointments. The two posts are responsible for supervision and monetary policy respectively.

The then Deputy Governors Gopal Prasad Kafley and Maha Prasad Adhikari’s five-year-term had expired on December 25 last year. It has been learned that Shrestha is close to the main opposition Nepali Congress and Siwakoti to the Prime Minister KP Sharma Oli and his party CPN-UML.