Roshan KC Assumes Chairmanship of Machhapuchhre Bank

In a significant leadership transition, young entrepreneur Roshan KC has been appointed as the Chairman of Machhapuchhre Bank Limited (MBL) following the resignation of Dr. Upendra Mahato. The announcement was made after a formal election process within the bank.

Hailing from the renowned business family in Pokhara, Roshan KC brings a dynamic and entrepreneurial spirit to his new role. The KC family, with a substantial legacy in the business landscape of Pokhara, has played a pivotal role in the establishment of Machhapuchhre Bank. The bank’s inception was spearheaded by Roshan’s father, the late Surya Bahadur.

The Mahato Group witnessed a strategic bolstering of its position with the integration of Standard Finance into Machhapuchhre Bank. Notably, the Mahato Group has been actively divesting shares of the bank in successive transactions.

Roshan KC, who had previously served as a director of the bank, has been a consistent and integral part of the institution’s leadership. Following Dr. Upendra Mahato’s resignation, Roshan has ascended to the position of Chairman, marking a new chapter in the leadership of Machhapuchhre Bank.

As the newly appointed Chairman, Roshan KC is expected to bring fresh perspectives and strategic direction to Machhapuchhre Bank, building upon the foundation laid by his family and contributing to the bank’s continued growth and success.