Section 20: Qualifications of the Directors

In order to be appointed to the post of Governor, Deputy Governor and Directors, a person shall have to meet the following qualifications:

(a) A Nepalese citizen,

(b) Having higher moral character,

(c) Having work experience in economic, monetary, banking, financial and  commercial law sectors after having attained at least a master’s degree in economics, monetary, banking, finance, commerce, management, public administration, statistics, mathematics and law.

Explanation:- For the purpose of this Clause, “work experience” means the experience of works in the post of special class of Government of Nepal or of the Bank or in the post of a university Professor or in the post of Executive Chief of class ‘A’ of a commercial bank or of a financial institution or in the equivalent post or in the post higher than those in terms of the order of protocol.

(d) Not disqualified under Section 21.