Mr. Dipak Kumar De, General Manager of State Bank of India, is currently the Managing Director & Chief Executive Officer of Nepal SBI Bank Ltd. (NSBL). NSBL is the only listed subsidiary of State Bank of India (SBI) abroad and it is the largest set up of SBI outside India. NSBL was established in July 1993 and has emerged as one of the leading Banks of Nepal, with 923 skilled & dedicated local employees spread over 138 outlets - consists of 96 full-fledged branches, 22 extension counters, 12 Branch less Banking outlets, 7 Province offices and a Corporate Office. In addition, NSBL is also the first subsidiary of SBI to have a wholly owned merchant banking subsidiary “Nepal SBI Merchant Banking Limited”. Being the Head of the Management team, Mr. De is responsible for ensuring qualitative growth in business, improvement in efficiency parameters and enhancement of the value for the stakeholders of NSBL.

Mr. De started his career in 1995 as a Probationary Officer in SBI and has held diverse portfolios - Banking Operation, Branch Management, Credit Analyst, Trade Finance, International Banking, Transaction Banking, etc. During his illustrious career spanning over 28 years in State Bank of India, he has held several important positions viz. Assistant Manager (Trade Finance) at Antwerp, Belgium; Manager & Credit Analyst at MCG; Branch Manager at 4 different Branches; Head (New Business) at SBI DFHI Ltd. (a subsidiary of SBI); Vice President (Credit & OPS.) at Paris, Regional Manager in Kolkata and DGM (D&TB-CAG) at Corporate Centre, Mumbai.

Mr. De is the Administrative Head of NSBL, deputed under the Technical Services Agreement between NSBL and its foreign joint venture partner State Bank of India. He holds a Master’s degree in Science, Post Graduate in Executive Management Program (SPJIMR), Diploma in International Banking & Finance, Diploma in French Language, Diploma in Computer Application & COBOL, Certified Associate of Indian Institute of Bankers (CAIIB) and also a Certified Anti-Money Laundering Specialist (CAMS). He is an alumnus of prestigious S. P. Jain Institute of Management & Research.