Mr K.B. Manandhar, accomplished his M.A.(economics) from Tribhuvan University in 1971 and Post Graduate in Development Economics from University Of Manchester ,England in 1980. He has been involved in Nepal Rastra Bank since 1974 in different positions. Beside this, he also worked as a research officer and section officer of CEDA and Planning commission. In addition, worked as an Assistant Research Officer in Research Department and Office of Governor of same bank. Likewise, he contributed as an Assistant controller,Controller, Deputy Chief Controller, Executive director of Foreign Exchange Department in NRB.
He was also appointed as Deputy Governor and Act Governor of NRB. His appreciable role was not limited till this but was later on upgraded as a chairman of Nabil Bank Ltd on April 2011 to April 2015. Before, he was a chairman of Purbanchal Grameen Bikash Bank and a board member of Rastriya Banijya Bank, Nabil Bank Ltd,Securities Exchange Board.