MBAN elects new executive committee

The Merchant Bankers Association of Nepal (MBAN) successfully held its 15th Annual General Meeting (AGM) on Sept 30, in Naxal, Kathmandu, where its 6th Executive Committee was elected. The newly appointed leadership team includes Ramendra Rayamajhi from NIC Asia Capital Limited as Chairperson, Manis Narayan Joshi from Nabil Investment Bank Limited as Vice-chairperson, Nirmal Bhattarai from Garima Capital Limited as General Secretary, and Shivanth B Pande from NIMB Ace Capital Limited as Treasurer. Additionally, Sandip Karki from Siddhartha Capital Limited, Lekhnath Pokhrel from Nepal SBI Merchant Banking Limited, and Pushpa Sharma from Kumari Capital Limited were elected as committee members. 

The election process was carried out in a positive and collaborative environment, reflecting the association’s commitment to a shared vision for the future of merchant banking in Nepal. The new executive team has pledged to work on improving capital market accessibility, promoting sustainable financial practices, and strengthening relationships with regulatory bodies to foster the growth of Nepal’s financial sector.