Kathmandu, Nepal December [11], 2025 – NIBL Equity Partners, managed by NIMB Ace Capital Limited with Nepal Investment Mega Bank Limited as the anchor investor, announced  the appointment of Ritu Pradhan as Co-Head of NIBL Equity Partners. She joins the leadership team with extensive experience in investment strategy, climate finance, and private equity within Nepal’s evolving capital markets.

 

In her new role, Ritu will co-lead the firm’s strategic direction across private equity, investment management, and sustainable finance. Her mandate includes strengthening due diligence processes, expanding ESG-integrated investment frameworks, enhancing portfolio oversight, and supporting the development of innovative financial instruments that contribute to Nepal’s economic transformation.

 

Shivanth Bahadur Pande, CEO of NIMB Ace Capital, said, “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.”

“I am honored to join NIBL Equity Partners at a time when Nepal’s capital markets are evolving rapidly,” said Ritu Pradhan Malla. “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 over 14 plus years of experience in climate finance, private equity, enterprise development, and sustainable impact. Previously, she held a leadership role at Business Oxygen (BO2), where she led enterprise development and investment strategy for growth-stage companies. She currently serves as an Independent Director at GhamPower and is a member of the Advisory Board at Impact Hub Kathmandu, contributing to both organizations’ strategic direction in sustainability and entrepreneurship. Her prior roles also include serving as Head of Advisory Nepal for Cross Boundary Advisory, Director of Investment & Business Development Services for the USAID Trade and Competitiveness Activity, implemented by Deloitte, where she oversaw investment mobilization and enterprise support initiatives. A strong advocate of ESG integration, Ritu is recognized for aligning investment processes with international standards, including those of the International Finance Corporation (IFC).

 

About NIMB Ace Capital

NIMB Ace Capital Limited, a wholly owned subsidiary of Nepal Investment Mega Bank Limited, has been a trusted name in Nepal’s financial sector since its establishment in 2011. Formerly known as NIBL Capital Markets Limited, the company specializes in delivering customized financial solutions, including merchant banking, advisory, asset management, and depository participant services. Backed by the strength of its parent company and extensive industry experience, NIMB Ace Capital stands as a premier provider of customer-centric and innovation-driven investment banking services in Nepal

 

About NIBL Equity Partners

NIBL Equity Partners is the private equity initiative of NIMB Ace Capital, the country’s largest and most active banking and capital market institutions, and a subsidiary of Nepal Investment Mega Bank Limited. A direct reflection of the innovative spirit of the two legacy institutions, can be found in the fund’s investment approach. NIBL Equity Partners have been financing Nepal’s most promising growth-stage companies, guiding them towards operational excellence, sustainable value creation, and helping build an interconnected and synergistic business ecosystem.