AK Ahluwalia appointed CEO of Everest Bank

KATHMANDU: Nepal’s one of the top five bank–Everest Bank– has appointed AK Ahluwalia as the CEO. Ahluwalia assumed office on July 1, according to a press statement. The Everest Bank is a joint venture with Panjab National Bank, India.

“Ahluwalia has more than 32 years of banking experience at Punjab National Bank India and has hold the post of deputy general manager in parent organization,” the statement further reads.

Ahluwalia has key expertise in credit and recovery. “Backed by his vast experience and dynamic leadership, Everest Bank is expected to achieve new heights,” added the statement.