KATHMANDU, 15 December: NIBL Equity Partners, managed by NIMB Ace Capital Limited with Nepal Investment Mega Bank Limited as the anchor investor, has announced the appointment of Ritu Pradhan Malla 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 Pradhan Malla 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.
NIBL merges with ACE Capital
Shivanth Bahadur Pande, CEO of NIMB Ace Capital, said: “Ritu’s expertise in private equity, sustainability, and enterprise development strengthens 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 honoured 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.”
Pradhan Malla brings over 14 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 organisations’ strategic direction in sustainability and entrepreneurship.
Her prior roles also include serving as Head of Advisory Nepal for CrossBoundary Advisory, and Director of Investment & Business Development Services for the USAID Trade and Competitiveness Activity, implemented by Deloitte, where she oversaw investment mobilisation and enterprise support initiatives.