Jhanak Raj Dhungel has been appointed as the Chief Executive Officer of NIC Asia Capital as per the decision of the 39th Board of Directors’ meetings. Dhungel has over 23 years of distinguished experience in financial sector. Earlier he was associated with Araniko Development Bank Ltd as its CEO. He is succeeding Ram Chandra Khanal who was under deputation from NIC Asia Bank. NIC Asia Capital has been providing a full range of merchant banking services with emphasis on customer centered merchant banking services, use of latest technology and highly qualified investment, research and management professional.