Board of Directors

Mr. Udaya Nepali Shrestha (Promoter)

Chairman of the Company, Mr. Udaya Nepali Shrestha is a former Parliamentarian, Bureaucrat and high profile public figure. He has held Chairmanship of various government agencies as well as public limited companies, institutions and associations. He is also the Advisor and Patron of many developmental organizations and societies.

Besides having master’s degree in Business Administration and Arts (Economics), Mr. Shrestha is a Post-Graduate in International Law. Coming from far-eastern region of the country he has been an exemplary source of inspiration to many by achieving so much of credentials in his prolific career and life.

Mr. Shrestha began his career by teaching in Schools and Colleges being a Lecturer of Business Law in Tribhuvan University befor being programmer of National Computer Centre. He then entered into Civil Service as a Section Officer at the Ministry of Law, Justice & Parliamentary Affairs and was promoted to Under Secretary in a short span of time, and mostly served in ILT Division. Later, he served as Registrar in the Appellate Court. As a Joint Secretary of the Nepal Government, he was in the Ministry of Finance, Parliament Secretariat and Ministry of Law & Justice. He retired from the bureaucratic career as Secretary and served as Vice-Chairman of Nepal Law Reform Commission. Likewise, he played crucial role as the Chairman and as Member of various Committees and Boards of the Government undertaking.

Currently, he holds the Chairmanship of Peoples Hydropower Company (since 2012), International Development Lawyers’ Organization (since 2014) and Nepal-Austria Friendship Association (since 2004). He is the Executive Member of Nepal Law Society (since 2005), Advisor at PERDEP, Dhankuta (since 2001), Chief Advisor at Shreebriddhi Multipurpose Cooperatives, Lalitpur (since 2014), Policy Advisor at Rural Development Foundation (since 2000), Chief Legal Advisor at Patan Academy of Health Science (2008-2013/ 2018 – till date), Chief Legal Advisor at Karnali Academy of Health Science (2011 – 2013), Executive Member of Nepal Council of Arbitration (NEPCA), Chairman of Dispute Resolution Centre (Recently formed) and Associate Member of Federation of Integrated Conflict Management, India. He is also associated with Rotary Club of Lalitpur Midtown (President from 2011 – 2012), now incumbent member as Past President.

Furthermore, Mr. Shrestha was the Member of Legislature Parliament (2015 – 2017), Member of Constituent Assembly (2013 – 2015) and Member of Pratinidhisabha Ghosana Karyanwayan Samiti – 2063 (House of Representative Declaration Implementation Committee: June – September, 2006). He also served as the Chairman of Janata Bank Nepal Ltd (2011-2017), Chairman of Nepal Investment Bank Ltd (2002 – 2003) and Chairman of Nepal SBI Bank Ltd (1999). besides being board member and advisor to many financial and other public institutions.

Mr. Shrestha has participated in many national and international conferences, seminars, meetings, symposiums, workshops, training and talk programs relating to laws, alternative dispute resolution mechanisms and socio-legal aspects in different capacities as leader and member of delegation, participant, resource person, commentator, rapporteur, reporter, et al. Thus, he has been to most of the countries including Australia, Austria, Bahrain, Bangladesh, Belgium, Bhutan, Botswana, Burma, China, Colombia, Egypt, France, Germany, Hong Kong, India, Israel, Italy, Japan, Kenya, North Korea, S. Korea, Luxembourg, Malaysia, The Netherlands, Oman, Pakistan, Philippines, Qatar, Russia, Singapore, South Africa Sri Lanka, Switzerland, Thailand, United Arab Emirates, UK, USA and Zimbabwe.

He enjoys reading, writing and getting engaged in social activities. His publication includes Foreign Borrowings: Prospects and its Legal Aspects (1991, Kathmandu), and many articles on legal, economic, commercial, social and technical issues for Nepalese newspapers and journals time to time. He loves to learn different languages and dialects, and has taken small course in French language.

For his utmost contribtuon to the nation, Mr. Shrestha has been decorated with prestigious Prawal Gorkha Dakshina Bahu, Suprawal Gorkha Dakshina Bahu and Trishaktipatta titles.

Date of Appointment : 2076-07-17

Date of Re-Appointment : 2079-02-25

Mrs. Anju Pandey Pant – Director (Promoter)

Mrs. Anju Pandey Pant is Chief Executive Officer (CEO) of Nirdhan Sanstha. Nirdhan Sanstha is a nonprofit organization focused on non-financial services to the low income group such as skill development, entrepreneurship, market development and technical backstopping for micro enterprises development for household economic security. She is also Director of Dr. Harihar Dev Pant Foundations since 2017.

Mrs. Pant served as a Member, Board of Directors of Growmore Merchant Banker Ltd. from July 28, 2010 to September 13, 2013. She also served as Member of the Board of Directors of Lamjung Electricity Development Company Limited(Public Limited Company involved in production of hydro power in Lamjung District) from June 7, 2008 to January 7, 2012; served as the Member, Board of Directors of Dordikhola Electricity Development Company Limited from March 13, 2010 to January 7, 2012; and served as the Member, Board of Directors of Syange Hydropower Company Limited, Lamjung from July 11, 2008 to August 22, 2011. Mrs. Pant also served as Dy. General Manager of Prudential Finance Company Limited from October, 2003 to April, 2006.

Mrs. Pant holds an M.B.A.- Finance and a Bachelor of Laws (LLB) in Banking & Negotiable Instrument, and Tax Law (Corporate Law) from Tribhuvan University.

Date of Appointment : 2074-09-28

Date of Re-Appointment : 2079-02-25

Mr. Indra Prasad Sharma – Director (Promoter)

Executive Director As the Executive Director of I Pay Remit Pvt. Ltd. Mr. Indra Prasad Sharma brings over a decade of strategic leadership experience in the financial service sector. He has been serving I Pay Remit since the inception of the company in 2011 AD and has successfully guided us to the path of success. He has always ensured compliance with legal requirements fostering strategic alliances and building strong business relationships. Alongside his responsibilities at I Pay Remit, he currently serves as the Treasurer for the Nepal Remitters Association. In this role, he takes charge of crucial tasks such as budget planning, financial reporting, and optimizing resources for the association’s activities. However, his dedication extends beyond his current position. Previously, Mr. Sharma held the role of Secretary at the same association. He also holds a leadership position at Reliable Nepal Life Insurance showcasing versatility and proficiency in his management skills. With a background as a Lecture at Shanker Dev College for more than a decade, he also brings with him his academic experience, emphasizing innovative strategies and learnings. Throughout his professional journey, he has demonstrated a commitment to excellence, resilience in a fast-paced setting, and a strategic mindset, rendering him a valuable asset for executive leadership for I Pay Remit.

Date of Appointment : 2074-09-28

Date of Re-Appointment : 2079-02-25

Mr. Sharad Chandra Paudel: Independent Director

 Mr. Sharad Chandra Paudel is a former Civil Servant, who possess extensive exposure in administrative roles and has been immensely influential. As a Secretary of the Nepal Government, he served in Ministry of Forestry and Soil Conservation, Ministry of General Administration and National Planning Commission. His areas of strength are public policy analysis and development, planning and organizational analysis and leadership,

Mr. Paudel is a Hubert Humphrey Fellow, Post Graduate Diploma in Human Rights and International Law, University of Minnesota. Besides, he has obtained Master’s Degree in Public Administration (MPA) and Bachelor Degree in Science (B. Sc) from Tribhuvan University, Nepal.

During his career, Mr. Paudel has attended numerous training, meeting, seminar and workshop. He has taken District Administration Training and Senior Executive Development Program through Nepal Administrative Staff College. Likewise, he has been to Leadership Development Program of Asian Institute of Technology, Thailand. He has also visited India, Bangladesh, Sri Lanka, Tibet, Philippines, Indonesia, Vietnam, United Kingdom and South Africa for attending various program on health, drug control, disaster management, federalism, election, transport, environment and ministerial meetings.      

In addition, Mr. Paudel has penned more than 70 articles for various newspapers and journals. He has also authored books on Human Rights Education, Dimensions of Public Administration and Corruption: Causes, Consequences and Reform measures through different publishers.

As an Independent Director of the company, he brings in vast experience and knowledge in the board. His involvement in both regular and project based responsibilities is the key highlight of his career. With diverse background in administrative function, he has crucial role to play in analysis and decision making.

Date of Appointment : 2078-12-09

Prof. Dr. Prakash Bhattarai – Director (Promoter)

An Orthodontic by profession, Prof. Dr. Bhattarai is a highly qualified and equally abled individual. He attained Master of Science in Dentistry, M.S.D. (Orthodontics) from University of the Philippines and Bachelor of Dental Surgery (B.D.S.) from Karnatak University, India.

Prof. Dr. Bhattarai has served in Government Hospitals in many districts of Nepal. Likewise, he has long standing experience of delivering the class at various medical colleges in Nepal – College of Dental Sciences & Hospital (Nepal Medical College), BP Koirala Institute of Health Science, National Academy of Medical Sciences, Kantipur Dental College & Hospital, People’s Dental College & Hospital. He also served as Managing Director of College of Dental Science & Hospital (Nepal Medical College), President of Orthodontic Association of Nepal, Executive Board Member of Nepal Medical Council, Vice-President of Orthodontics and Dento-Facial Orthopedics Association of Nepal (ODOAN) and Vice-President of Nepal Dental Association (NDA).

Prof. Dr. Bhattarai is the Founder of Smart 3D Tech, 1st Digital Orthodontic (CAD-CAM) Lab in Nepal. He is also the Founder of People’s Dental College & Hospital, College of Dental Science & Hospital (Nepal Medical College) and Kantipur Dental College & Hospital.

Prof. Dr. Bhattarai has been the member of curriculum development committee in Tribhuvan University, Kathmandu University, Nepal Medical Council and CTEVT. He has made several scientific paper presentations in Nepal and abroad, published journals and reviewed articles. In addition, he has acted as the organizing Chairman in conducting many conference and seminars. Prof. Dr. Bhattarai has been awarded with laurels and awards in his career by Civil Voice for Peace & Development, Nagarik Tatha Samajik Sarokar Manch, World Federation of Orthodontist, USA and Pierre Fauchard Academy, USA.

Date of Appointment : 2074-09-28

Date of Re-Appointment : 2080-10-29

Prof. Dr. Bhishma Karki – Director (Public)

Newly appointed Director of Reliable Nepal Life Insurance Ltd, Dr. Bhishma Karki represents himself as a young and vibrant member of the Board. Dr. Karki is an accomplished physicist and researcher, currently holding the position of Executive Chairman at the National Research Council Nepal. He is also a lecturer of Physics at the Tri-Chandra Multiple College, which is affiliated with Tribhuvan University, located in Kathmandu, Nepal, and a visiting Professor at some Indian Universities and Europe.

Dr. Karki has an extensive research background and has contributed significantly to various fields of study. His current research focuses on Surface Plasmon Resonance, Surface Plasmons, Plasmonics, Nanophotonics, Optics and Photonics, Photonics, Optical Physics, Optical Sensing, Material characterization, and Applied Physics. He is also involved in the analysis of VLF (Very Low Frequency) data, instrumentations, thin film deposition, and their applications in Biomedical Engineering, Optical Engineering, Electromagnetism, Biophysics, and Materials Science.

Education has played a crucial role in Dr. Karki’s career. He holds a Bachelor’s Degree in Physics from Tribhuvan University, Nepal, and a Master’s Degree from the University of Pune, Pune. Building on his passion for physics, he pursued further studies and earned a Ph.D. in Material Science, also from Tribhuvan University, which he was awarded in 2020.

Dr. Karki’s association with the National Research Council Nepal (NRCN) began in 2013 when he joined as a senior researcher. His exceptional work and dedication led to his promotion to the role of Academic Director in 2015. Since 2019, he has been serving as the Executive Chairman of the NRCN. In his capacity as the Executive Chairman, he plays a vital role in overseeing the research activities and strategic direction of the organization.

In addition to his administrative responsibilities, Dr. Bhishma Karki is actively involved in various academic committees and boards. He serves on the Academic Committee and Academic Board, contributing his expertise and insights to shape educational policies and initiatives. He has also participated in significant projects, including the Curriculum Management Project Board and the Academic Design Authority Project Team, further highlighting his commitment to advancing education and research in Nepal.

Dr. Karki’s contributions to the scientific community are evident through his extensive publication record. He has authored or co-authored more than 70 research papers covering diverse areas such as Theoretical Physics, wastewater, Catalysis, Optics, Plasmonics, Nanotechnology, and Materials Chemistry. His research findings and scholarly work have made a valuable impact in advancing knowledge and understanding in these fields.

With his broad range of expertise and dedication to scientific research, Dr. Bhishma Karki continues to make significant contributions to the scientific community in Nepal and beyond. His work not only enhances our understanding of various scientific phenomena but also contributes to the overall development of research and education in the country. In addition, he is an ardent researcher and is associated with various journals and publications, such as Editor-in-Chief of the Indian Journal of Advance Physics, Academic Editor for The Scientific World Journal in Optics (Hindawi and Wiley), and member of the Editorial Board for Blue Eyes Intelligence Engineering & Sciences Publication.

Furthermore, Dr. Karki has attended several seminars and made paper presentations both in Nepal and abroad. He has visited universities in countries like Russia, the United Kingdom, Australia, France, Germany, Mexico, Korea, Sweden, Italy, Switzerland, Austria, Norway, Thailand, Malaysia and India. Various research papers of his have been published during the presentations and conferences/meetings he has attended.

A full-time academic by profession, Dr. Karki also possesses business acumen. With investments in various companies, he keeps a close watch on the business environment. As a new member, he is all set to serve as a Director of the company with a difference.

Date of Appointment : 2080-10-29

Mr. Dibesh Lohani – Director (Public)

A stalwart Police Officer, Mr. Dibesh Lohani served in Nepal Police for over three decades before retiring in a high-status rank of Additional Inspector General (AIG). At present, he is engaged as the Director of Operations at Mayahold – a multifaceted company involved in various business ventures including BPO, IT services, and property and real estate development.

Mr. Lohani holds Bachelors in Commerce (B.Com) from Tribhuvan University, and has undergone training of all kinds in his career domain. His long professional service has fostered in him the skills of teamwork, leadership, communication and capacity building. While in service, he held various key positions and responsibilities, and was posted all over the country including to United Nations Mission.

He has been bestowed with prestigious honors and awards for his outstanding service. To list a few, United Nations Medal for serving as peacekeeper in Timor-Leste & Sudan. Likewise, he was conferred with Foreign Service Medal, Coronation Medal and Gorkha Dakshin Bahu Class 4 from the Government of Nepal. In addition, he has received numerous cash rewards and special acclamations for his meritorious performance and excellence in assigned responsibilities.      

In overall, Mr. Lohani carries a substantial experience with him to give a shape to diverse team of Directors. His input, insights and leadership values would absolutely be of immense contribution in the Board.

Date of Appointment : 2080-10-29