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Farewell to Ex-CEO Mr. Shankar Man Shrestha

Monday. April 28. 2014

Mr. Shankar Man Shrestha resigned from the post of CEO of the Rural Microfinance Development Centre Ltd. effective from April 27, 2014. Mr. Shrestha worked as CEO of RMDC for nearly 15 years.

Recognizing Mr. Shrestha's immense contribution in bringing RMDC to this stage of success, RMDC's Board of Directors organized a farewell party to formally thank him. All Board of Directors and staff of the organization attended the program. On the occasion, Chairman, Mr. Ashoke SJB Rana, gave a certificate of appreciation to Mr. Shrestha in acknowledgement of his substantial contribution to the growth and development of RMDC and the microfinance community as a whole.

During his speech, Mr. Rana stated that Mr. Shrestha's vision to emerge as a financially viable, operationally sustainable and professionally efficient apex institution of microfinance in Nepal was all achieved under his dynamic leadership and the support of his staff. Mr. Rana said that Mr. Shrestha's fifteen years of dedication resulted in establishing RMDC as not just a financial institution, but recognition as a brand and appreciated his vast network of contacts within the country and abroad. In the end, Mr. Rana thanked him for the fifteen years of hard work, effort and toil and wished him success in his persistent effort towards poverty reduction in the country.

On behalf of the staff, officiating CEO Mr. Ram Dayal Rajbanshi handed a token of love and expressed his gratitude to Mr. Shrestha for his sincere guidance and encouragement to the staff
during his tenure. Mr. Rajbanshi particularly highlighted Mr. Shrestha’s outstanding contribution towards the promotion and development of MFIs in the country and in the development of human resources and efficiency within RMDC. He summed up wishing Mr. Shrestha further success in the future and hoped to receive his love and support for RMDC in the future as well.

Mr. Shrestha expressed his sincere gratitude to the Chairman and the Board of Directors for their continuous support, encouragement and cooperation in helping him to manage the organization efficiently and effectively. He also thanked the staff of RMDC for their hard work and discipline, supporting him in achieving the targets and goals of the institution. Towards the end, Mr. Shrestha assured everyone that he would always be there to help RMDC as and when it required him.



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