Professional Educators Limited (Global Group) and Nepal Life Insurance Company Limited signed an equity investment agreement in line with the broader concept of institutional development on Sunday.
Dr Khagendra Prasad Ojha, Chairman of Professional Educators Limited, and Pravin Raman Parajuli, CEO of Nepal Life Insurance Company Limited, signed the agreement amidst a special ceremony held at the Royal Singi Hotel.
The event was attended by directors, CEOs, senior officials, chartered accountants, and legal advisors from both prestigious companies.
This unprecedented institutional collaboration marks a history making milestone in Nepal’s educational arena, being the first of its kind in the investment sector.
Through educational promotion initiatives and new experiments, Professional Educators Limited aims to establish a sustainable institutional structure in the education sector as it moves forward.
By demonstrating excellence in institutional governance and transparency, Professional Educators Limited proves its commitment to maintaining quality and securing the future of students. This initiative is expected to enhance the company's prestige, marking the investment agreement as a cornerstone for educational endowment and development in Nepal.
Embracing modern physical infrastructure, a technology-friendly educational environment, skilled manpower, clear and transparent policies, and consistently achieving excellent results in academics and students’ performance, Professional Educators Limited plans to offer investment opportunities to the general public bringing out an Initial Public Offering (IPO) in the near future.
The company has already initiated the process of security listing.
With the advance initiatives as these, both parties have pledged to advance collaboratively, anticipating a new epoch of development in Nepal’s educational sector.
Additionally, this partnership is seen as the beginning of a new chapter of prosperity in the institutional development of the education sector provided by Nepal’s private sector.
