Biswo Poudel appointed as 18th governor of Nepal Rastra Bank

The Government of Nepal has officially appointed Dr. Bishow Poudel as the 18th Governor of NRB, the country’s central bank. This decision comes at a time when Nepal’s economy is navigating through challenges such as slowing economic growth, inflationary pressures, fluctuating remittance inflows, and the need for effective monetary regulation.

Dr. Bishow Poudel, an experienced economist & policy expert, is widely respected for his in-depth understanding of Nepal’s macroeconomic landscape. Prior to his appointment, he served in various high-level policy roles, providing strategic advice on economic reforms, financial governance, and sustainable development. His strong academic background and practical exposure to international economic frameworks are expected to help strengthen NRB’s role as a stabilizing force in the financial system.

Biswo Poudel will also oversee the modernization of the payment system, promote financial inclusion, and ensure that NRB adapts to digital financial innovations.

The appointment comes at a critical moment. Nepal is facing rising import dependency, a growing trade deficit, and the need to manage liquidity in the banking sector. The central bank’s leadership will play a key role in balancing inflation control with measures to stimulate investment and economic activity. Dr. Poudel has previously emphasized the importance of evidence-based policy, transparency, and coordination between fiscal and monetary authorities.

In his initial remarks after the appointment, Dr. Poudel stated that his priority would be to “strengthen trust in the central bank, maintain economic discipline, and promote a sustainable and resilient financial system.” He also highlighted the need to improve coordination with government agencies, financial institutions, and development partners to achieve broader economic goals.

Experts believe his leadership could bring a renewed focus on long-term stability, rather than short-term fixes. If successful, his tenure could see improved investor confidence, better foreign exchange management, and more effective responses to external shocks.

With his appointment, the financial sector now looks forward to how the new governor will navigate the path between economic reform and stability, ensuring that Nepal Rastra Bank remains a strong pillar of the country’s economic foundation.