Executive Committee

The Executive Committee undertakes strategic review of the businesses that the companies of the Group are operating in, decides on business development areas, discusses issues relating to the political and business environment and provides strategic direction for the overall growth and development of the Group. Issues relating to Human Resources, Taxation, etc. that may have an impact on the individual companies are also discussed at this forum.

Individual companies under the Sipradi, Amravati and the Hydropower segments are managed by their individual CEOs. At the helm of this Group is a talent pool of professionals who represent an amalgam of multiple skills. They chart the course and steer the way forward.

Jugesh Shrestha

Siddhartha SJB Rana


Siddhartha SJB Rana is the Chairman of the Group and has over twenty seven years of experience in banking and corporate management. He started as an apprentice with the then Grindlays Bank Nepal in 1991 and moved on to Barclays Bank Plc in London.

He has been instrumental in consolidating and expanding the various businesses the Group is involved in. As a young visionary in the Nepali corporate world, he was selected as the ‘Global Leader for Tomorrow’ by the World Economic Forum, Davos in 2001.

He was also a director on the Board of Soaltee Hotel Ltd. (owner of Hotel Soaltee Crowne Plaza) and later went on to chair the Board of Directors of that company. He continues to be on the Board of Surya Nepal Pvt. Ltd. He remains committed to investing in Nepal so as to make an economic difference to the Nation. He has been felicitated by Government of Nepal as the largest individual tax payer in the country for the last 5 out of 7 years.

Siddhartha is a committed philanthropist in education, economic upliftment, heritage preservation and wildlife conservation. He has made the single-largest personal donation to Help Nepal Network (HeNN) that works in the field of health and education in rural Nepal.

Siddhartha has an MBA from the Henley School of Management UK, and a Bachelors in Business Management and Political Science from the University of Redlands, California.

Jugesh Shrestha

Manish Agrawal

Vice President

Corporate Finance, Secretarial & Legal

Manish Agrawal has over 17 years’ knowledge and experience in the areas of Finance, Secretarial, Audit and Risk Management. Prior to joining the Group, he was heading Enterprise Risk Management function of Ncell (Axiata Group, Malaysia) in Nepal. Before that Manish has worked with ITC Ltd., India, since 2001 and has spent considerable time as part of the Top Management Team of Surya Nepal Pvt. Ltd. (on deputation from ITC Limited) responsible for finance operations, new business diversifications, secretarial, banking, treasury, planning, financial reporting and legal aspects of the Company. He currently heads the Corporate Finance, Secretarial and Legal functions of the Group and advises Boards of all the Group Companies on Corporate Governance, Legal and Corporate Finance matters.

Manish is a certified Chartered Accountant with All India Rank in CA Final, intermediate and Foundation level. He also holds a degree in B Com (Hons.) from Calcutta University and has attended various training programs from institutions like Asian Institute of Management, Manila, Philippines and Jones School of Business, Rice University, USA.

Jugesh Shrestha

Rajan Pradhan

Vice President

Corporate Development & Projects

Rajan Pradhan has an experience of over twenty years in Engineering Projects and Developments, especially in the Hospitality Industry. He has worked in different capacities for renowned five star hotels in Nepal including Soaltee Hotel Limited and Hyatt Regency Hotel for their green field as well as expansion and renovation projects. He has also worked as Director- Business Development and Projects in Soaltee Hotel Limited; as a Project Manager in Highway and Transportation Sector in USA,: as a Lecturer in Institute of Engineering, Tribhuvan University and as a Structure Designer in design firms in Nepal. He has been associated with the group for the last five years and has been handling various projects including hospitality projects.

Rajan holds an MBA from USA and Bachelor of Civil Engineering from India. He is a member of Nepal Engineering Association.

Jugesh Shrestha

Rajan Babu Shrestha

Chief Executive Officer

Sipradi Companies

Rajan Babu Shrestha has experience of over 25 years in the Automobile sector of Nepal. Rajan has been associated with SIPRADI for nearly 2 decades. Prior to becoming the CEO he held various senior level positions including Chief Operating Officer, Vice President and General Manager.

Before joining SIPRADI, Rajan worked for the distributors of Toyota and Suzuki vehicles in Nepal and also has garnered experience in the field of technology and management as a consultant. He is an executive committee member of NADA (Nepal Automobiles Dealers Association) and has been actively involved with various institutions for the curriculum development on auto-electrical and auto-mechanics courses in the country. He is a life time member of Association for Overseas Technical Scholarship, Japan.

Rajan has a Bachelor in Mechanical & Automobile Engineering from Punjab Engineering College, India and a graduate in Automobile Technology from the Yokohama Keshu Center, Japan. He has attended various vocational and management training courses conducted by AIM – Philippines, Toyota Motors Japan and Harvard Business School, US. He is an alumnus of IIM – Ahmedabad after successfully completing 3 tier management courses on Senior Management and Middle Management.

Jugesh Shrestha

Bikram Sthapit

Chief Executive Officer

Bhote Koshi Power Company

Bikram Sthapit has been associated with the Upper Bhote Koshi Hydroelectric Project (UBKHEP) since year 2000. He joined as an Operations and Maintenance Engineer where he trained under the Plant Manager from Montgomery Watson Hazra, USA (MWH). MWH operated the plant till 2005 and Bikram worked in various positions under them. Prior to becoming CEO, he was Deputy General Manager and Plant Manager of Bhotekoshi Power Company for over 12 years.

Bikram holds a Bachelor’s Degree in Civil Engineering and has attended extensive training programs from various institutions including IIM Ahmedabad.

Jugesh Shrestha

Jugesh Shrestha

Chief Executive Officer

Amravati Companies

Jugesh Shrestha has over twenty eight years of experience primarily in the travel and hospitality sectors, in both Operations and Sales & Marketing. He was associated with The Soaltee Oberoi and Soaltee Crowne Plaza for over 14 years. He also setup the Galileo operations in Nepal and oversaw its operations for over 4 years as the General Manager for Nepal.

Jugesh has a Bachelor in Commerce with specialization in Marketing.