The Nepal Private Equity Association successfully concluded its Third Annual General Meeting on January 10, 2025.
With 27 members, the association marked significant developments, including the appointment of a new Board of Directors. The newly elected Board will be led by Chairperson Mr. Dhruba Timilsina (Avasar Equity Limited ) and comprises Mr. Manish Thapa (Global Equity Fund), Mr. Nidhaan Shrestha (True North Associates), Ms. Mahima Neupane (Cweda Equity), Mr. Rabin Shrestha (Alpha Plus Ventures Limited), Mr. Suvash Thapa (NIMB Ace Capital Limited), and Mr. Biswa Giri (One to Watch) . The newly constituted Board unanimously voted for the appointment of Mr. Timilsina as Chairperson.
Two members of the previous Board of Directors, Mr. Siddhant Raj Pandey and Mr. Bidhyabaridhi Sigdel, concluded their tenures, while Mr. Manoj Paudel stepped down from the Board. Furthermore, the former Chairperson, Mr. Pandey, has transitioned to the role of Advisor to the Board, ensuring a seamless continuation of leadership and strategic guidance for the association.
The AGM also featured an insightful keynote session by guest speaker Mr. Frederic Vassort on “Strategic Venture Capital: The Missing Link in Start-Up Growth Funding.” The Chief Guest, Mr. Santosh Narayan Shrestha, Chairperson of the Securities Board of Nepal (SEBON), delivered a keynote address underscoring the importance of private equity and venture capital in Nepal’s economic landscape and expressing the regulatory body’s willingness to work closely with NPEA to tackle regulatory issues that currently hinder the industry’s growth.
The meeting concluded with the introduction of the new Board of Directors, a vote of thanks by the newly elected Chairperson, and a networking cocktail dinner and reception. This AGM marked a pivotal moment in NPEA’s journey, setting the stage for continued growth and strategic advancements in Nepal’s alternative investment landscape.
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Organized by : Nepal Private Equity Association
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