KATHMANDU, DECEMBER 12
NIBL Equity Partners, managed by NIMB Ace Capital Limited with Nepal Investment Mega Bank Limited as its anchor investor, has appointed Ritu Pradhan Malla as its new Co-Head, strengthening the firm's investment leadership and sustainability-focused growth strategy.
According to the company, Ritu will help steer strategic direction across private equity, investment management and sustainable finance. Her responsibilities include improving due diligence processes, strengthening ESG-integrated investment frameworks, enhancing portfolio oversight, and supporting innovation in Nepal's financial instruments.
"Ritu's expertise in private equity, sustainability, and enterprise development adds strength to our leadership team. Her experience aligns well with our investment approach and our commitment to driving long-term value across Nepal's financial landscape," said Shivanth Bahadur Pande, CEO of NIMB Ace Capital.
Expressing her commitment to the new role, Ritu said, "There is immense potential to drive growth while delivering sustainable impact. I look forward to contributing to the firm's ambitious vision and supporting the next chapter of Nepal's financial sector development."
Ritu brings more than 14 years of experience in climate finance, private equity and enterprise development. She previously held a leadership role at Business Oxygen (BO2), led advisory operations for CrossBoundary in Nepal, and served as Director of Investment and Business Development Services for the USAID Trade and Competitiveness Activity implemented by Deloitte. She currently serves as an Independent Director at GhamPower and is a member of the Advisory Board at Impact Hub Kathmandu.
NIMB Ace Capital, a wholly owned subsidiary of Nepal Investment Mega Bank Limited established in 2011, provides merchant banking, advisory, asset management and depository services. Its private equity arm, NIBL Equity Partners, invests in Nepal's growth-stage companies, promoting operational excellence, sustainable value creation and a synergistic business ecosystem.