Composition of Board of Directors
Clause 27 of Articles of association of RBCL prescribes following composition of BOD:-
1. Two members including one chairman of BOD to be appointed by Nepal government
2. One member as representative of Employees provident fund.
3. One member as representative of Nepal Bank Limited.
4. One independent director appointed by BOD.
5. Two members from public share holding.
Share Structure:
Share Holders | Existing Structure | Planned Structure |
Government of Nepal | 47.50 | 41.03 |
Employment Provident Fund | 22.00 | 19.37 |
Nepal Bank Ltd | 10.96 | 9.60 |
Founder Group Total (a) | 80.46 | 70.00 |
General Group Total (b) | 19.54 | 30.00 |
Total (a) and (b) | 100.00 | 100.00 |