Nepal SBI Bank Ltd (NSBL): The Most Preferred Bank for a Transforming Nepal

Nepal SBI Bank Ltd (NSBL) was established in July 1993 and has emerged as one of the leading banks in the country.

It has 977 skilled and dedicated local employees spread across 118 outlets. The network consists of 88 branches, 19 extension counters, three branchless banking outlets, seven provincial offices and a corporate office.

NSBL also has a fully owned merchant banking subsidiary, Nepal SBI Merchant Banking Ltd (NSMBL).

Mr. Dipak Kumar De, General Manager of State Bank of India (SBI), is currently the Managing Director & Chief Executive Officer of Nepal SBI Bank Ltd. (NSBL).

As Head of the Management team, Mr. De is responsible for ensuring qualitative growth in business, improvement in efficiency parameters and enhancement of stakeholder value at NSBL.

Mr. De started his career in 1995 as a Probationary Officer in SBI and has held diverse portfolios, including Banking Operations, Branch Management, Credit Analyst, Trade Finance, International Banking, Transaction Banking, etc.

During his 25 year career with State Bank of India, he has held several important positions: Assistant Manager (Trade Finance) at Antwerp, Belgium, Manager & Credit Analyst at MCG; Branch Manager of 4 different Branches; Head (New Business) at SBI DFHI Ltd. (a subsidiary of SBI). He has also been Vice President (Credit & OPS.) in Paris, Regional Manager in Kolkata and DGM (D&TB-CAG) at Corporate Centre, Mumbai.

Mr. De is the Administrative Head of NSBL, deputed under the Technical Services Agreement between NSBL and its foreign joint venture partner SBI. He holds a Master’s Degree in Science, Post Graduate in Executive Management Program (SPJIMR). He is also holder of Diploma in International Banking & Finance, Diploma in French Language, Diploma in Computer Application & COBOL.

Mr. De is a Certified Associate of Indian Institute of Bankers (CAIIB) and also a Certified Anti-Money Laundering Specialist (CAMS). He is an alumnus of prestigious S.P. Jain Institute of Management & Research (SPJIMR).

Md. Rizwan Alam, Deputy General Manager of State Bank of India (SBI), is the Deputy CEO & Chief Financial Officer of NSBL.

As Dy. CEO & CFO, Mr. Rizwan Alam is responsible for developing and overseeing aggregate Business Plan, Business Operations, Treasury Operations, Credit Operations and assists the Managing Director in identifying new opportunities, drafting prospective programmatic budget and determining cost-effectiveness of prospective service delivery.

Mr. Rizwan Alam started his career in 1997 as a Probationary Officer in SBI and has held diverse portfolios including Banking Operations, Branch Management, Credit Analyst, Trade Finance, Treasury Operations, International Banking, etc.

During his 23 year career with State Bank of India, he has held several important positions viz. Credit Analyst at Commercial Branch-Ahmedabad; Dy. Manager (Credit Division) of Branch;  Branch Manager of  3 different Branches; Dealer (Forex & Derivatives) / Manager(Forex) at Global Markets; Chief Manager at Regional Business Office and AGM & faculty (Credit and International Banking) at the State Bank Institute of Credit & Risk management, Gurgaon.

Md. Rizwan Alam holds a Master’s Degree in Science and has completed CAIIB from the Indian Institute of Banking & Finance (IIBF). He also holds Diploma in Computer Applications, Moody’s Certificate in Commercial Credit, Certified Credit Officer by IIBF, Certificates in International Trade Finance, Foreign Exchange Operations, MSME Finance, Micro Finance, NPA Resolution, AML & Know Your Customer, Digital Banking, IT Security, Prevention of Cyber Crime & Fraud Management and Certified Information System Banker. He is also the director of the Board of Nepal SBI Merchant Banking Ltd., a wholly owned subsidiary of NSBL.

Mr. Yadvender Kant, Assistant General Manager of the State Bank of India (SBI), is the Chief Operating Officer at NSBL.

As COO, Mr. Kant is responsible for overseeing the overall operations of the bank and ensuring the efficient working of various verticals and departments that ensure profitability.

Mr. Kant started his career as probationary officer at the State Bank of India in 2001 and has held diverse roles during his 19 year career there. They include Regional Manager of the Mohali Region, Chief Manager (private secretary to chief general manager, Chandigarh Circle). He has also been Chief Manager of the Ladwa District, Kurukshetra.

Mr. Yadvender Kant holds a Master’s in Business Administration (MBA) and has completed a CAIIB from the Indian Institute of Banking & Finance (IIBF). He also has a Post Graduate Diploma in Financial Advising, has certification in Trade Finance, Anti Money Laundering and Know Your Customer, as well as microfinance and IT security. He is also the Chairman of Nepal SBI Merchant Banking Ltd., a wholly owned subsidiary of NSBL.