Hari Neupane
Chairman/Managing Director

Shovakar (Hari) Neupane (15 September 1958 – present) is the founder/ chairman/ Managing Director of Ambe Group. Neupane is highly reputed to have established himself as an industrialist in a country where Nepali people of his ethnicity rarely venture into big business. Hari Neupane is foremost amongst self-made Nepali industrialists of his generation. In 2004, he established Ambe Cement. Under his leadership, Ambe Group went on to establish Ambe Complex (a commercial building in Teku, Kathmandu), Ambe Residency, Metro Apartment (Housing Development), a noodles factory (Smart Food and Snacks Pvt. Ltd.), Shiwani Complex (a commercial building in Bhairahawa), Siddhi Mobiles Pvt. Ltd. (sole distributor of Mtech mobile phones in Nepal), Ambe Mobiles Pvt. Ltd. (sole distributor of LAVA mobile phones in Nepal) and Ambe Steels Pvt. Ltd. (Nepal’s second largest steel company). In 2011, Neupane along with other industrialists founded Commerz and Trust Bank Nepal Pvt. Ltd., a class ‘A’ commercial bank. Neupane was the Chairman of Commerz and Trust Bank from 2012-2014, when he merged it with Global IME bank. He is a promoter of Global IME Bank. Neupane is also the Chairman of Lilaram Kuntidevi Pratisthan, a non- profit organization that rewards eminent personalities in Nepal with $50,000 (NRs. 50 lakh) every year. The organization is named after Neupane’s father, Lilaram Neupane, an eminent philanthropist, who was also awarded the Gorkha Dakshin Babu (honorary title given by the king) in 2002. Neupane was married in June 19, 1987 to Laxmi Kharel Neupane. They have two children.