Our Board and the Management Team have formed NIBL Ace Capital with an intent to enhance standards and maintain integrity in the growing capital market. Thus, our founders and management team are dedicated in establishing and adhering strategic plan that will open opportunities and mitigate potential risks. With our strong background and expertise, we will keep developing our services and serve our customers efficiently.

Board of Directors

Mr. Sachin Tibrewal,


Mr. Tibrewal is a registered Chartered Accountant and holds a Diploma of Information Systems Auditor (DISA) degree from India. He has an extensive experience in the field of Accounting and Finance. He served Deloitte Haskins & Sells, a member firm of Deloitte Touche Tohmatsu UK, as an Assistant Manager of the audit department for 2 years. In 2003, he joined Nepal Investment Bank Limited as a Head of Internal Audit and Compliance and now serves as the Head of Accounts and Finance. He has over 12 years of experience in accounts, finance, taxation and audit.

Mr. Deepak Kumar Shrestha,


Mr. Shrestha holds an M.A. Degree and Bachelor of Laws from Tribhuwan University, and an LL.M. (Master of Laws) from PU, Nepal. He enrolled in Bar in 1991 A.D. as an Advocate. He worked as a practicing lawyer from 1991 to 2000 as an Associate Advocate of Mr. Kusum Shrestha, Senior Advocate. He has also worked as Company Secretary/ In-House Lawyer of Nepal Grindlays Bank Ltd. (presently Standard Chartered Bank Nepal Ltd.) in the year 1998, when their Company Secretary/ In-House Lawyer was away in Australia for higher education. Later he joined Nepal Indosuez Bank Ltd. (presently Nepal Investment Bank Ltd.) as Head of Legal and Loan Administration Department from November 2000 to November 2003. Currently, he has been serving as Head of Legal/Recovery Department and Reporting Authority of Shares Department of Nepal Investment Bank Ltd. Furthermore, he is also a member of SAARC Law, Nepal, Supreme Court Bar Association, Nepal Bar Association and Nepal Law Society.

Ms. Bandana Thapa,


Ms. Bandana Thapa, having extensive experience in Nepal Investment Bank, is currently leading Compliance Department of Nepal Investment Bank Ltd. She has cumulative experience of 25 years in Nepal Investment Bank in different fields and has thorough knowledge and understanding of Nepal banking legislation, rules and regulation and relation with international corresponding banks. Her major achievement as a Head of Compliance was establishment of Compliance Department of NIBL.

Moreover, she was branch manager of Battisputali Branch from 2008 to 2014 where she led the branch in top position in terms of new deposits, diversified portfolio and wide customer base. Furthermore, she is also a member of Board of Director of Sajha Yatayat since 2011.

Mr. Rabindra Bhattarai,

Independent Director

Mr. Rabindra Bhattarai is a faculty member of Shanker Dev Campus and is affiliated with Canvas International College, Nepal Commerce Campus and United College. He was also the director of Sagarmatha Merchant Banking and Finance Ltd. He received his MBA from Tribhuwan University.

Mr. Ananda Kumar Bhattarai,

Independent Director

Mr. Bhattarai is an Independent Director of the company since December 1, 2020. He is an MBA graduate from Tribhuvan University. He served as an Under Secretary at Ministry of Finance, Ministry of Information and Communication, Ministry of Physical Planning and Infrastructure and Ministry of Education in different capacities for more than 10 years. Moreover, he also served as an Account Officer at Ministry of Education, Ministry of Finance, Ministry of Education and Culture for more than 21 years.

Management Team

Mr. Shivanth B. Pandé,

Chief Executive Officer

Mr. Pandé holds a Master degree in Financial Economics from University of St Andrews, United Kingdom. After completing his Master degree he started his professional career in 2005 as a Development Consultancy at Deloitte Touche Tohmatsu Emerging Markets Group. In 2007, he joined Nepal Investment Bank Limited as a Management Trainee and over the course of time he served as a Head of Economic Research and Business Development Department.

In 2012, he was nominated and appointed by Nepal Investment Bank as the Chief Executive Officer of its subsidiary, NIBL Ace Capital (then NIBL Capital Markets) Limited. His areas of expertise include Economic Research and Financial Analysis, Mobile Banking, SME Finance, Private Equity, and Venture Capital.

Mr. Mekh Bahadur Thapa,

Deputy Chief Executive Officer

Mr. Mekh Bahadur Thapa is a Chartered accountant holding professional memberships of Institute of Chartered Accountants of India and Institute of Chartered Accountants of Nepal. He has more than 14 years of working experience in various fields such as Accounting, Auditing, Financial Analysis and Capital Market including 5 years of working experience in the capacity of General Manager in NIBL Ace Capital Ltd. Prior to joining NIBL Ace Capital, he worked as Chief Operating Officer (COO) and Company Secretary of Siddhartha Capital Limited for 3 years. As a COO and Company Secretary, he was instrumental in the successful launch of its maiden mutual fund scheme and follow on scheme. He has led the Financial Information analysis and Management and International Affairs for SEBON for four years which involved policy amendments and implementations. He has also been involved in teaching Financial Management, Derivatives and Accounting in various colleges along with participating in Capital Market programs organized in the USA, Japan, Malaysia, Philippines, Thailand, Sri Lanka, India and Nepal.

Mr. Sachindra Dhungana,

Deputy General Manager

Mr. Sachindra Dhungana is a Qualified Chartered Accountant from The Institute of Chartered Accounts of Nepal. He also holds the diploma in IFRS from the ACCA. He has more than 10 years of experience in the field of Auditing, Accounting, Consultancy and Advisory. He has worked for more than 6 years in S.R. Pandey & Company, Chartered Accountants as an Audit Manager.  

He has worked as Head of Business Support and Mutual Fund department for 1.8 years at NIBL Capital Markets Limited. Prior to joining NIBL Ace Capital Ltd he was working as Chief Operating Officer and Chief of Finance Unit at Nabil Investment Banking Ltd. for 2.5 years. During his tenure of 2.5 years’ experience at Nabil Investment Banking Ltd., where he also acted as Head of Merchant Banking Unit for more than 1 Year. He has pioneer experience on mutual fund management and Corporate Advisory service in the Nepalese Capital Market.

Mrs. Rekha Pant,

Head of RTA/RTS Department

Mrs. Rekha Pant holds MA degree in economics. She holds more than 16 years of experience in banking and finance industry. She is currently leading RTS/RTA department (Deputed from Nepal Investment Bank Limited) of NIBL Ace Capital Ltd.