Sashin Joshi Now Chairman of Fonepay

In a significant announcement today, Biswas Dhakal, the Chair of Fonepay and President of F1Soft Group, revealed the appointment of Sashin Joshi as the new Chairman of Fonepay.

Sashin Joshi, known for his wealth of experience and profound industry knowledge, is poised to lead Fonepay into a new era of innovation and success.

Joshi’s appointment as Chairman follows a period of remarkable achievements under the leadership of outgoing Chairman Biswas Dhakal, who played a pivotal role in transforming Fonepay into Nepal’s largest retail payment infrastructure within just four and a half years.

Dhakal expressed great pride and privilege in making this announcement, citing Joshi’s wealth of experience and profound knowledge that is expected to guide the company toward greater governance and growth. He extended heartfelt congratulations to Sashin Joshi and the entire Fonepay team, expressing eagerness about the future and the limitless opportunities that lie ahead.

As Dhakal steps down from his role as Chairman of Fonepay, he took the opportunity to express gratitude to the management and CEO Diwas Sapkota for their unwavering belief and dedication to realizing the board’s vision of growth. In just four and a half years, under Dhakal’s leadership, Fonepay transformed into Nepal’s largest retail payment infrastructure.

Dhakal also extended sincere thanks to the Governor Maha Prasad Adhikari and other officials at the Central Bank for their constant support and guidance throughout his tenure. Their belief in Fonepay’s mission played a pivotal role in achieving what seemed impossible.

The announcement marks a significant transition for Fonepay and sets the stage for a new chapter in its journey.