National Business Initiative (NBI) Elects New Executive Committee Unanimously, Kush Kumar Joshi Re-elected as Chairman

1st September 2025, Kathmandu

The National Business Initiative (NBI) recently concluded its 19th annual general meeting in Kathmandu, where a new executive committee was unanimously elected for the upcoming term. The assembly re-elected Mr. Kush Kumar Joshi as Chairman.

Kush Kumar Joshi NBI Chairman

Key Executive Committee Members:

Chairman: Kush Kumar Joshi

Vice Chairman: Shakuntalal Hirachan

General Secretary: Surendrabir Malakar

Treasurer: Saroj Prasad Pandey

Secretaries: Suresh Pradhan and Dr. Babin Pokharel

Co-Treasurer: Rajesh Khadka

Other elected members include Shiv Prasad Ghimire, Ramesh Sharma, Rabindraman Singh Pradhan, Lata Pyakurel, Arniko Rajbhandari, Khem Lakai, Sarita Maharjan, and institutional representatives from the Nepal Handicraft Federation (Rajman Bajracharya) and Nepal Association of Foreign Employment Agencies (Mahesh Kumar Basnet). Additionally, Rajesh Babu Shrestha, Dhruva Kumar Shrestha, Dr. Rajendra Kumar Ghising, Homnath Upadhyay, and Sanam Shakya were nominated as executive committee members.

Commitment and Future Outlook

In his address, Chairman Kush Kumar Joshi congratulated the newly elected officials and members, assuring them that the committee is fully committed to implementing the long-term decisions passed by the assembly. He expressed confidence that with the representation of experienced professionals on the committee, the organization will be able to play a more effective role in the days ahead.

General Secretary Surendrabir Malakar presented the annual progress report, highlighting key activities from the last fiscal year (2081/82), including the preparation of a concept paper on corporate social responsibility (CSR), discussions with the National Human Rights Commission, and collaborative programs on business and human rights with partners like USAID and UNDP. The assembly also unanimously approved the financial report.

Valuable Suggestions from Advisors

Former Minister and NBI advisor Umesh Shrestha wished the new committee success and emphasized the need for launching large-scale projects to improve the country’s economic situation. He urged NBI to take a leading role in creating a conducive environment for such initiatives and to spearhead efforts in corporate social responsibility.

Founding Chairman Padam Jyoti also offered his insights, noting that as Nepal is poised to graduate to a developing nation, the private sector must strategically prepare to face both the opportunities and challenges that come with this transition. He urged NBI to lead discussions on how the entire private sector can move forward strategically.

Established with the primary objective of achieving sustainable peace through socio-economic development during the conflict era, the National Business Initiative has successfully played a pivotal role in the country’s economic and social progress over the past two decades. The organization continues to focus on its core principles of corporate social responsibility, sustainable development, and promoting ethical business practices.

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