Statement

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