Banking industry was booming until a decade back. But, economic slowdown during that period started affecting their performance of commercial banks. This led to consolidation of banking industry resulting into […]
Banking industry was booming until a decade back. But, economic slowdown during that period started affecting their performance of commercial banks. This led to consolidation of banking industry resulting into merger between banks and merger of development banks and finance companies with commercial banks and development banks.
Nepal needs to have large banks that can support the investment needs of economy and sustain economic growth. To meet the growing credit demand of the economy, Nepalese Banks need to be well capitalized. Also, banks need to enhance their capacity to lend to larger companies and larger projects. Consolidation of banks would create larger banks with capacity to fund larger size projects of economic importance.
LD Mahat is a Chartered Accountant, Financial Adviser and Risk Management Specialist possessing over 29 years of diverse experience across several sectors covering a wide spectrum of assurance, business advisory and taxation disciplines. LD is a committed, highly motivated and result-oriented professional, consistently developing and nurturing client relationship and building long-lasting relationships with diverse clients. He has the ability to define issues, propose customized solutions that significantly add value and contribute to client’s success.
LD has got master’s in risk management form New York University, Stern Business School. He has undergone executive education at Harvard Business School and Insead Business School. He was risk management specialist in several Asian Development Bank Funded projects. He has provided risk management advisory services in various Nepalese corporate sectors.
LD has worked on large projects jointly with big 4 international accounting firms ~ PwC, Deloittee, Ernst & Young and KPMG in the field of Assurance, Diagnostic Review, Capacity Building, e-Government Procurement, e-Governance, Special Review, Investment Climate, and IFRS Implementation.
Leave a Reply Cancel reply