Kathmandu. A few days ago, the CEO of Nepal Investment Mega Bank informed the board members that he would be leaving the bank. Some operators suggested that it was better to resign because the case of Smart Telecom is going on, while some said that we should think for a few days. After the consultation, he informed some of the directors that he had left the bank. Quoting the same director, Finance Concern broke the news of Pandey’s departure from the bank.

The news of Pandey’s departure from the bank was made public. The director requested that the resignation should not be mentioned in the news as it was said that the formal resignation would be made the next day. However, the news of Pandey’s resignation immediately became a topic of discussion that Pandey’s resignation would send a wrong message, and the bank issued a statement claiming that he had not resigned.

However, Pandey was arrested the next day. After his arrest, he was automatically suspended as the CEO of the bank. There is a legal provision that the CEO can be suspended after being arrested in a criminal case. Pandey has been suspended for trying to resign.

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The bank will hold an emergency board meeting today itself and take further decision, said the bank’s board of directors. According to the directors, there will be discussions on whether to wait for a few days, accept the resignation that came on a back date or appoint an acting CEO. The directors said that they also plan to meet with the Nepal Rastra Bank before the meeting ।

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