ABOUT US

Standard Chartered Bank Nepal Limited has been in operation in Nepal since 1987 when it was initially registered as a joint-venture operation. Today, the Bank is an integral part of Standard Chartered Group having an ownership of 70.21% in the company with 29.79% shares owned by the Nepalese public. The Bank enjoys the status of the only international bank currently operating in Nepal.

We are a leading international banking group with a 160-year history in some of the world’s most dynamic markets. Our heritage and values are expressed in our brand promise, Here for good. Our operations reflect our Purpose, which is to drive commerce and prosperity through our unique diversity. We are present in 60 markets and serve clients in a further 85. Supported by our global functions, our businesses serve four client segments in four regions- Europe & Americas, Africa and Middle East, ASEAN & South Asia, Greater China & North Asia. Standard Chartered PLC is listed on the London and Hong Kong Stock Exchanges as well as the Bombay and National Stock Exchanges in India.

With 15 points of representation, 26 ATMs across the country and more than 531 local staff, Standard Chartered Bank Nepal Limited is serving its clients and customers through an extensive domestic network. In addition, the global network of Standard Chartered Group enables the Bank to provide truly international banking services in Nepal. Standard Chartered Bank Nepal Limited offers a full range of banking products and services to a wide range of clients and customers including individuals, mid-market local corporates, multinationals, large public-sector companies, government corporations, airlines, hotels as well as the development organizations segment comprising of embassies, aid agencies, bilateral entities, multilateral entities, non-government organizations and international non-government organizations. The Bank has been the pioneer in introducing client-focused products and services and aspires to continue its leadership. It is the first Bank in Nepal to implement the Anti- Money Laundering policy and to apply the ‘Know Your Customer’ procedure on all the customer accounts.

The Bank believes in delivering shareholder value in a social, ethical and environmentally responsible manner. Standard Chartered throughout its long history has played an active role in supporting those communities in which its customers and staff live.

From 2003 to 2018, the Bank’s Global Community Program Strategy focused on health and education with Seeing is Believing (SiB) as the flagship program to tackle avoidable blindness and visual impairment. In 2018, the Bank achieved its ambitious target to raise USD100 million globally for SiB two years ahead of schedule. In Nepal, we continue to support all existing SiB commitments until 31 December 2020.

In May 2019, the Bank’s new Global Community Program Strategy “Futuremakers by Standard Chartered” was launched in Nepal subsequent to the global launch in January 2019. This initiative focuses on empowering the next generation to learn, earn and grow. There are three pillars to the strategy: education, employability and entrepreneurship. It builds on the success of our current community programs while growing our ambition to ensure that we are reaching more young people across our markets. The Bank is also actively engaged with the communities in raising awareness around Financial Literacy, Environment, Health and Education.

Other Information

Board Composition

• Ms. Zarin Daruwala - Chairperson
• Ms. Karen De Alwis - Director
• Mr. Krishna Kumar Pradhan - Director
• Mr. Bharat Kunwar – Director
• Mr. Anirvan Ghosh Dastidar – Director

The Bank's Executive Committee (EXCO) is represented by the following:

Executive Committee

• Anirvan Ghosh Dastidar - Chief Executive Officer & Head Retail Banking
• Gorakh Rana – Head Global Banking & Commercial Banking
• Sudhir Sharma - Head Consumer, Private and Business Banking
• Michael Siddhi - Head Transaction Banking
• Rajan Udas – Head Human Resource
• Vidya Kumar - Chief Financial Officer
• Sanjay Pant – Head of Conduct, Financial Crime & Compliance (CFCC) and Country Chief Risk Officer
• Sujit Shrestha - Chief Operating Officer
• Nidhi Rana – Head of Financial Markets and Head Treasury Markets
• Madhab Prasad Regmi - Head, Legal & Company Secretary

The Bank's Audit Committee is represented by the following:

Audit Committee

• Ms. Karen De Alwis – Chairman (Member of Board Risk Committee & NED)
• Mr. Bharat Kunwar – Member
• Mr. Sriprasad Bhandari - Country Head of Audit

The Risk Committee is represented by the following:

Risk Committee

• Chair – Mr. Krishna Kumar Pradhan – Director
• Member – Ms. Karen De Alwis – Director & Chair of Audit Committee
• Member – Chief Operating Officer
• Member Secretary – Chief Risk Officer

Board Financial Risk Committee

• Chair – Mr. Bharat Kunwar
• Member – Head CFCC
• Member – Chief Risk Officer
• Member Secretary – Head FCC

Invitees as deemed necessary:

• FCC Exp