Kathmandu. KATHMANDU: The government has appointed Parbat Kumar Karki as the Executive Director of Citizen Investment Trust (CIT). A meeting of the Council of Ministers on August 19 appointed Karki to the post as per Clause 42 (1) of the Citizens Investment Trust Act, 1990.

Karki, who retired as Executive Director of Nepal Rastra Bank, was also the Executive Director of PADT before this. He was selected to the post of Executive Director of the Fund on January 17, 2080 through open competition.

He has also served as the CEO of Nepal Gramin Bikas Bank and Kisan Laghubitta Bittiya Sanstha Limited in addition to Nepal Rastra Bank.

He holds a Master of Banking and Finance (MBF) from Griffith University and a Master’s Degree in Management from Tribhuvan University. He has received international training on central banking, financial stability and financial market analysis.