KATHMANDU: The government has appointed Maha Prasad Adhikari as the new Governor of Nepal. A cabinet meeting held on Monday decided to appoint Adhikari as the new governor.

A recommendation committee led by Minister of Finance Dr Yubaraj Khatiwada had sent three names — Dr Rajan Khanal, Maha Prasad Adhikari, and Chintamani Siwakoti — to the cabinet.

Adhikari, Chief Executive Office at Nepal Investment Board, was a former deputy governor.

Former Secretary Krishna Hari Baskota and former governor Bijaya Nath Bhattarai were in the recommendation committee.