Kathmandu. Assistant General Manager Niraj Lamsal has been appointed as the acting CEO of Prabhu Bank.

An emergency meeting of the board of directors of the bank on Sunday appointed Lamsal as acting after the Central Investigation Bureau (CIB) arrested three high-ranking officials including CEO Ashok Sherchan of the bank.

Assistant General Manager Lamsal was the head of the loan recovery department of the bank.

Rabindra Dhakal, information officer of the bank, said that no service of the bank will be affected due to the police investigation. Issuing a press release, he said that all the services will be supplied regularly.