Board of Director

Mr. Dev Raj Adhikari is the Independent Director of Citizen Life Insurance Company Limited. He is a seasoned commercial and investment banking professional with almost three decades of working experience leading major financial institutions in Nepal. While serving in Nepal SBI Bank Limited, a foreign subsidiary of State Bank of India, Mr. Adhikari successfully handled different assignments as department and vertical heads of the Bank. Working as Chief Credit Officer (CCO) of the Bank, Mr. Adhikari demonstrated high level of expertise and skill in driving business growth of the Bank while ensuring quality of assets and regulatory compliance in a commendable manner.  Besides, he also served as the Managing Director & CEO of Nepal SBI Merchant Banking Ltd, where he spearheaded strategic growth, product innovation and digital transformation of the company. Mr. Adhikari possesses strong leadership skills, strategic vision and extensive experience in credit management, investment banking and project advisory.

An MBA Graduate of Tribhuvan University, Mr. Adhikari has established a proven record in driving business development, shaping strategic policies, and fostering strong stakeholder relationships. He has actively contributed to Nepal’s banking landscape through leadership roles on various boards and central level committees, offering expert insights on banking and other economic and monetary policies in different forums including Nepal Rastra Bank, Securities Board and other regulatory and business forums.