Himalaya Shumsher Rana, the first governor of Nepal Rastra Bank, passed away on Sunday. He was 95. The great-grandson of Rana Prime Minister Dev Shumsher breathed his last during the course of treatment at the Thapathali-based Norvic Hospital. Born on January 8, 1928, he joined the Ministry of Finance in 1951. He served as the finance secretary for five years.

He was offered the job of the governor at Nepal Rastra Bank by the then King Mahendra.

Also Read: Himalaya Shumsher Rana: Economist par excellence Rana served as the governor for four years and eight months. He was conferred with the title of The Order of Japan (The Order of the Rising Sun, Gold and Silver Star) in recognition of his contribution.