Kathmandu, Dec. 10
Nirmal Kajee
Shrestha has been elected the president of the American Chambers of Commerce
Nepal (AmCham), an umbrella organisation of businesses operated in Nepal with
American investment.
With the
completion of the two-year term of the founding President Ajit Bikram Shah, the
second Annual General Meeting of AmCham held on Sunday in Kathmandu unanimously
elected a new working committee under the leadership of Shrestha, who is the
Chief Executive Officer of MetLife, American Life Insurance Company Nepal.
An upcoming
meeting of the AmCham Board of Directors will nominate the vice-chairman, secretary
and treasurer.
Likewise,
other members elected to the working committee include Kailash Raj Bijayananda
of Leapfrog Technology, Ashim Man Singh Basnyat of Pathao Nepal, Aakash Golchha
of Go Ford, Manish Thapa of Laxmi Sunrise Bank Limited, Samarth Mogha of Mogha
Energy and Sneh Rajbhandari of Bottlers Nepal Limited.
The organisation
has nominated Shah as an Honourary Member of the Board as the Founding Chairman.
Likewise, Semanta Dahal of Abhinav Law Chambers will also be included in the
working committee as an Honourary Member.
Shrestha
said that he has energetic officials and members in the leadership team and
will work to promote organisational as well business interests.
"Necessary
initiatives will be taken to bring in foreign investments with priority in
energy, tourism and information technology sectors. We will organise and
participate in various conferences related to investment and enterprise in
Nepal and other countries so that we could promote Nepal as an investment
destination in those markets," he said.
Nepal's
AmCham is the 130th in the global network of American Chamber of
Commerce and is considered instrumental in promoting trade with the USA and
inviting investment from there.
The
establishment of AmCham was aimed at organising the scattered businesses and
entrepreneurs. During the two-year tenure of the founder president Shah, 45
businesses have joined the organisations so far.
Likewise,
within two years of the establishment, AmCham obtained accreditation from the
American Chamber of Commerce of the USA. This is an important achievement of
Shah's tenure, and it has further increased the possibility of American
investment in Nepal, said AmCham.
Similarly, AmCham
has been conducting a 'Membership Learning Series' to promote the business of
entrepreneurs associated with the organisation which has provided an
opportunity to network, fellowship and closely understand each other's business
and collaborate among them.
Published in The Rising Nepal daily on 11 December 2023.
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