Nepal Rastra Bank (NRB) senior Deputy Governor Nilam Dhungana Timsina has been appointed as the Acting Governor.

Timsina was given the responsibility by the Finance Ministry after the recommendation committee formed for the appointment of the Governor delayed the recommendation process.

Deputy Prime Minister and Finance Minister Bishnu Prasad Poudel has appointed Timsina as the Acting Governor in accordance with Section 27 of the Nepal Rastra Bank Act 2058 BS.

A three-member committee comprising former Governor Bijaya Nath Bhattarai and economist Bishwa Poudel has been formed under the coordination of Finance Minister Poudel to recommend the appointment of Governor.