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Board of Directors

Sagarmatha Insurance Company Limited
Bhagwati Marg, Naxal, Kathmandu


Mr. 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.


Mr. Lokmanya Golchha


Mr. 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.


Mr. 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 during the 22nd AGM. He will be heading the Human Resources and Marketing Sub-committee in the company for the coming term.


Mr. Ajith R. Gunawardena

Chairman, Ceylinco Insurance PLC

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


Mr. Gajendra Lal Shrestha

Public Director

Mr. 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 the Public Director of Sagarmatha Insurance Company.

Contact Detail

Sagarmatha Insurance Co. Ltd.

"Surakshan" Bhawan, Bhagwati Marg, Naxal, Kathmandu

P.O.Box 12211, Kathmandu, Nepal
Phone: +977-1-4529043, +977-1-4529042
Fax: +977-1-4512378