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23rd AGM Live on Facebook 2nd Notice for the 23rd Annual General Meeting Organization Operation Notice 4th Quarterly Financial Statement - 2076/77 Notice for 23rd Annual General Meeting Notice of Suchi Darta Sagarmatha Insurance Company Ltd proudly announces The Corona Virus (Covid 19) Policy Notice Regarding the Cancellation of Agent Training 2076 Sagarmatha Insurance Company donated 16 Lakhs to support Corona Fund Important Notice regarding Insurance Puchases and Claims Important Notice regarding Insurance Puchases and Claims सगरमाथा इन्स्योरेन्स कम्पनी लिमिटेडको बीमा सेवा सम्बन्धि सूचना Telephone Line Problem Notice to the remaining Share Holders who have yet to take Bonus Shares 2069-70 Notice to the Share Holders Rights to Information Happy New Year 2020 सगरमाथा इन्स्योरेन्स र ग्रिनसिटी अस्पतालबीच सम्झौता Rights to Information Happy Vijaya Dashami 2076 Notice to the Shareholders regarding collection of the Bonus Share after the payment of Tax incurred Representing Corporate Governance in the Third Responsible Business Summit Job Opportunities 2076 Customers of Sagarmatha Insurance receives NIC ASIA Bank’s digital payment platforms for quick payment of insurance premium Agent Training 2019 Depositing Tax amount incurred in Bonus Share on Global IME Capital - Information to the Shareholder 22nd Annual General Meeting Sagarmatha Insurance wins General Insurance Company of the Year 2019 award from Emerging Asia Insurance Awards २२ औँ बार्षिक साधारण सभा बस्ने सुचना सूची दर्ता गर्ने बारेको सूचना संचालक निर्र्वाचन सम्बन्धी सूचना संस्थापक शेयर बिक्री गर्ने बारेको सूचना । 22nd AGM Notice VIP on the Spot Travel Medical on Insurance Digitally Information Updated upto 2075/12/30 B.S. for Public Blog on Insurance Digitally by Khalti Insurance Digitally Insurance Agent Training 2019 - Dang Publicized Company Detail upto 2075/09/30 Publicized-Second Quarter Financial Report 075/76 Sampati Bima List of remaining shareholders to receive dividends Insurance Agent Training 2018 - Hetauda Publicized Company Detail upto 2075/06/30 Office Circular 2075 Dashain Job Opportunities 2075 Agent Training 2018 International Award 2018 Information Updated upto 2074/12/30 B.S. for Public Bancassurance with Kailash Bikash Bank Bancassurance Aggrement Signing Ceremony with Janata Bank 21st AGM Second Notice 21st Annual General Meeting Publicized Company Detail upto 2074/06/31 Insurance Agent Training 2074 (Butwal Branch) Career Opportunity 2074 Happy Bijaya Dashami and Subha Dipawali Notice for Insurance Agent Training Notice for Flood and Landslide Victim Customers
Board of Directors

Sagarmatha Insurance Company Limited
Bhagwati Marg, Naxal, Kathmandu

: 4419086

Ram Krishna Manandhar


Mr. R.K. Manandhar is the Chairman of Sagarmatha Insurance Company. Similarly, he is the President/ Managing Directo of Image Group of Companies is the pioneer media house to offer the very first private television channel, the Image Channel in Nepal. It was also the foremost company to offer FM radio station initially called KATH 97.9 and currently Image FM 97.9 to the Nepali audiences. Today Image Group boasts another popular news FM station called Image News FM 103.6 where we bring crisp news and bold debates to light. Furthermore, he is also the MD of Metro Television, K.A.T.H. 97.9 FM P. Ltd., Image 97.9 FM Pvt. Ltd.

He is also the Executive Chairman of Greyhound Electronics Pvt. Ltd. Greyhound Electronics Pvt. Ltd has been the leading supplier for radio communication equipment & the solutions for mission critical communication needs. The solo authorized distributor and service centre for world’s leading communication equipment manufacturer M/S Motorola Solutions for Motorola 2-Way Radio and M/S Codan Limited for HF Communication equipment.

In addition, he is also the Executive Chairman of Subarna Pharmaceuticals Private Limited; a Non-govt company, incorporated on 26 Aug, 1997. It's a private unlisted company and is classified as 'company limited by shares'. Subarna Pharmaceuticals Private Limited is majorly in Manufacturing (Metals & Chemicals, and products thereof) business from last 22 years and currently, company operations are active. Current board members & directors are BINAY BHUSHAN DATTA, JOLLY DUTTA and RIYA DATTA .

He had also been the Chairman of Narayani National Finance Ltd.


Lokmanya Golchha


Lokmanya Golchha is the Chairman of Golchha Organisation. Golchha Organization (Group of Industrial, Commercial and Welfare Instituttions) is one of the biggest and most esteemed business houses in Nepal. It was far back as 1934 that our founder father Shree Ram Lal ji Golchha displayed extraordinary charisma by opening the doors of the country to industrialization. Golchha Organization is a management and investment complex dedicated to the industrial, commercial and philanthropic sectors. The Organization’s interests in terms of management and investment are in numerous companies like Jute, Steel, Electronics, Metal, Food Grains and many more. Apart from industrial establishments, our interests spread into international trade and service sector.

Honorary Consul General : The Republic of Poland in Kathmandu (Nominated by the Govt. of The Republic of Poland. Nepal Govt. has accepted his nomination and it is under process for credential)

Curently, he is the Director of Sagarmatha Insurance Company Ltd., Institute of Foreign Affairs (under, Foreign Ministry of Nepal), Him Electronics Pvt. Ltd., Hulas Metal Crafts Ltd., Hansraj Hulaschand & Co. Pvt. Ltd., International Export-Import Co. Ltd.

: 9851024389/ 9801024389

Siddharth Mani Rajbhandari


Mr. Siddharth Mani Rajbhandari has 15 years of professional experience in the infrastructure channel partnership and distributorship sector, especially in representing international companies in Nepal. He is the Managing Director and CEO of NCEC Group established in 1958, comprising of Nepal Construction and Engineering Corporation (NCEC) Pvt. Ltd, NCEC Equipment & Services, NCEC Industrial Services and NCEC Hospitality Investments. His business represents globally leading equipment and engineering companies in the areas of tunnel construction, road construction, building and damn construction, manufacturing and material moving equipment , and engineering. NCEC Group has a large investment portfolio in the Equity market of Financial Institutions The group has also ventured into the hospitality business.

Mr. Rajbhandari holds a B.Sc in International Management from the University of Maryland University College, M.B.A. from the Asian Institute of Management, M.M. from ESCP-Europe Business School. He specializes in marketing, strategic management and operational excellence. Besides his business, Mr. Rajbhandari also works as consultants for international companies in their business development and entry strategy in Nepal. He is also active with European Economic Chamber, Nepal German Chamber of Commerce, and Round Table International – Nepal Chapter. 

Mr. Rajbhandari's family holding is the single largest (non-institutional) shareholder of Sagarmatha Insurance. He was elected to the Board of Directors as Member of Board of Director on[date 22nd AGM]. He will be heading the Human Resources and Marketing Sub-committee in the company for the coming term.


Ajit R. Gunawardena


Chief Executive Director: Ceylinco Insurance Co. Ltd. Deputy Chairman: Ceylinco International Trading Group, Ceylinco International Investment Group.


Kirti Kumar Joshi

Public Director

Kriti Kumar Joshi is the Director of Salt Trading Corporation Ltd, Kalimati, Salt Trading Corporation (STC) Limited is one of the largest business organization in Nepal established as the first Public Private Partnership (PPP) of Government of Nepal. Established over five decades back (13th September 1963), the corporation was launched with the objective to avail iodized common salt, as salt is not produced in Nepal and depends on import from India, for all citizens of the country. In its long run of dedicated service to the nation, STC has contributed to ensure proper supply and distribution of essential daily consumable goods, erode black-marketing by regulating market and artificial scarcity and industrial development in Nepal.

Mr.Joshi has major contribution in the Nepal Vanaspati Ghee Udhyog (NVGI). NVGI was established on Bhadra 28, 2033. Located on the premises of Hetauda Industrial state. The first production was started on Shrwan 1, 2039. The main objective of establishing the factory was to produce refined oil and vegetable ghee to fulfill the demand of these food products in the Nepali market to replace their imports from India. Being one of Nepal’s first automated modern industries, the factory’s initial production capacity was 20 tons of vegetable ghee per day. NVGI produces its premium brands as Shanti Banaspati Ghee, Grihani Banaspati Ghee and Shanti Soyabean Oil. All the brands have NS (Nepal Standards) certification.

Currently, he is the Public Director of Sagarmatha Insurance Company.


Gajendra Lal Shrestha

Public Director

Gajendra Lal Shrestha was the Director of United Finance Limited. UFL is promoted by prominent and dynamic businessmen of Nepal, commenced its operation in 2051 as National Level Finance Company with its registered office at Durbarmarga, Kathmandu.The Company has emerged as one of the leading Finance Companies by providing the best financial solution to the different customer segments and thriving healthy growth with consistency in profit.

He is also the promoter of Prime Commercial Bank Ltd. It was incorporated in September 2007 as the 21st commercial bank in Nepal. We are a Category ‘A’ Financial Institution registered under the “Banks and Financial Institutions Act” of Nepal. It has been established by prominent business personnel and professionals from diversified areas with a prime objective of providing 'Banking Services to Everyone' in the country where still large number of population are deprived of Banking Services.

Furthermore, he was a board member of Lalitpur Chamber of Commerce and Industry. LCCI is a non-governmental, non-political associated organization with the legal status of a non-profit making and autonomous entity. LCCI was registered at District Administration office, Lalitpur on 04 Chaitra 2023 (March 17, 1967). LCCI is a district chamber of Lalitpur established for safeguarding and promotion of the common interest of business community and also helps them strengthen their enterprise performance.

Currently, he is Public Director of Sagarmatha Insurance Company.


Nirmala Devi Manandhar

Independent Director

Nirmala Devi Manandhar was the CEO of N.B. insurance company is one of the insurance companies involving in non life insurance in the country. It commenced the insurance business from 2057-10-19. About 55 administrative staffs are working in this company to provide insurance facilities all over the country. Right now, it has seven branch offices scattered in different geographic regions.

Ms. Manandhar had been the Senior Deputy General Manager of Prudential Insurance Co. Ltd. Prudential Insurance Company Limited is a public limited company registered on November 30, 2000 under the Company Act, 2063. The Company’s registered office is located at Birgunj, Parsa. It is a General Insurance Company established in Nepal having registered office at Birgunj-4, Parsa and the corporate office at Kamaladi Complex, Kamaladi, Kathmandu. It has obtained the license to conduct general insurance business from Beema Samiti on June 20, 2002. The share of the company is listed on the Nepal Stock Exchange.

In addition, she has major contribution to the Nepal Insurance Company. Nepal Insurance Company Limited, a pioneer non-life insurance company of Nepal was established on 1947 A.D. by Nepal Bank Limited (the first commercial Bank) and the general public with 51% and 49% shares respectively. 
In the beginning, the name of this company was "Nepal Malchalani Tatha Beema Company" and had changed its name as "Nepal Insurance & Transport Company Ltd." on 1959 A.D. Now its name is "Nepal Insurance Company Ltd." since 1991 A.D.

Currently, she is the Independent Director of Sagarmatha Insurance Company.

Contact Detail

Sagarmatha Insurance Co. Ltd.

Bhagwati Marg, Naxal, Kathmandu

P.O.Box 12211, Kathmandu, Nepal
Phone: +977-1-4412367
Fax: +977-1-4412378