Kathmandu, Mar 9:The meeting of the Board of Directors of Himalayan Bank Limited (HBL) held recently has elected Himalaya Shumsher Rana, chief advisor of the bank to the post of chairman for the second time, says an HBL press released today.

According to the release, outgoing chairman Narsingh Bahadur Shrestha completed the four years term as the chairman of the bank, and subsequently new chairman was elected.

The meeting also appointed Shrestha as the chief advisor of the bank, it is said. Meanwhile, the meeting of board of directors has also elected Manoj Bahadur Shrestha as the vice-president of the bank.

P.P. Khetan and Himalaya Bahadur Pandey have been elected as the directors of the bank, who were earlier in the capacity of alternative directors of the bank.