Co-Founder and Chairman of The IME Group
Mr. Dhakal, is a first generation serial entrepreneur of Nepal. He and his brother Hem Raj Dhakal co-founded the IME conglomerate of businesses. He strongly believes in and adheres to the ethics of professional financial conduct and governance. Additionally, he has set an exemplary model for the successful merger of banks and financial institutions in Nepal. Mr. Dhakal’s visionary leadership has contributed to evolve The IME Group from its humble beginnings into a fast growing conglomerate.
Mr. Dhakal’s leadership in different chambers has contributed to creating a business friendly environment in Nepal to expand domestic investment and attract foreign direct investment. His public relations are far reaching among the government and non-government sectors, diplomatic and business community.
Mr. Dhakal has been serving as the Honorary Consul of the Republic of Indonesia in Nepal since 2010. He is the Vice President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), the apex body of the private sector of the Country. He is also the President of The Nepal Indonesia Chamber of Commerce and Industry and Vice-President of The Nepal German Chamber of Commerce and Industry. He is an invitee member of The Investment Board of Nepal, chaired by the country’s Prime Minister.
Co-Founder and Managing Director of The IME Group
Mr. Dhakal, is a first generation serial entrepreneur of Nepal. He co-founded The IME conglomerate and played a pivotal role in institutionalizing the remittance business in Nepal. He had the vision to globalize the Remittance services and expand the business in South Asia. This was in order to help the millions of migrant workers in the Middle East and Malaysia to send remittances home in the most efficient and cost effective way. This mechanism changed the dynamics of remittances in South Asia in general and Nepal in particular. Nepal as a Country has historically found it difficult to give financial access to all its citizens especially in areas outside the main cities. The widespread presence of IME payout locations has served the community as a whole by creating a much wider access network.
The IME conglomerate consists of a number of companies with business interests in; banking, remittance, trading, IT, communications, energy, tourism, automobiles, insurance and infotainment. Mr. Dhakal took the IME conglomerate to the global marketplace and established money service institutions in; Malaysia, the UK, the USA and Japan and successfully completed the Merger & Acquisition of a few companies that are listed in the NASDAQ Fortune 500 Companies.
It was Mr. Dhakal’s vision that contributed to evolving the family business into a corporate one where his team members now align with the group’s slogan Pioneering Spirit, the driving force of the team. His vision is to empower the youth by creating opportunities for them and making them the owners of the group. His team members not only work for the company, but also own it. The IME conglomerate is promoting social entrepreneurship and has already announced startup funds to explore the business potential of Nepal and create opportunities for its youth. In 2009, he co-founded IME Foundation that conducts philanthropic activities.
Mr. Dhakal was born on 24 November 1975 in Baglung, a district in the western part of Nepal. He completed his school education in Baglung and moved to Kathmandu for his higher studies. He has done a Master’s of Business Studies (MBS) from Tribhuvan University, an Entrepreneurial Masters Program (EMP) from Massachusetts Institute of Technology (MIT), USA and went to the London Business School (LBS) Growth Forum in London. He is currently doing Owner/President Management Program (OPM) at Harvard Business School. He is the President of the Nepal Malaysia Chamber of Commerce and Industry, Member of National Council, Confederation of Nepalese Industries (CNI). He is the member of Alternative Energy Promotion Center (AEPC) Board which is chaired by the Minister for Population and Environment.
He is married to Anjali Aryal and has two daughters, Nimisha and Shaivee. Before he moved to Nepal in 2015, he lived in Malaysia for a decade. He loves to read novels, scholarly articles and is a good tennis player.