Accomplished entrepreneurs with illustrious track records, they are the key shareholders of True North Associates.
Suman has intimate knowledge of commercial and investment banking having started his career in the sector in 1990. He held various senior positions with ANZ Grindlays and Standard Chartered Bank in India and Nepal for more than a decade. He moved on to become the founding CEO of Laxmi Bank where he completed 3 consecutive tenures during which he conceived, managed, and scaled various projects and subsidiaries for the bank. Suman is widely regarded as one of the most innovative and creative banking experts in Nepal. He received his education on Private Equity & Venture Capital from Harvard Business School.
Suman is constantly looking to push boundaries of existing financial and entrepreneurial landscapes in Nepal.
Arpan, CFA, started his career in the Investment Banking Division of J.P. Morgan. He moved back to Nepal appreciating the entrepreneurial opportunities and founded two Quick Service Restaurants, which he successfully exited in 2017. As an Investment Manager, Arpan manages the investment deal-flow, conducts valuation of companies & engages in preliminary negotiation, presents investment memorandum to the investment committee, monitors the performance of portfolio companies and is involved in their strategic decisions.
Arpan is also the Co-Founder and the Managing Partner of an equity research and investment management company, Khanal Pradhanang Investment Services. An ardent follower of Warren Buffet and Charlie Munger, he loves working on projects that lie at the intersection of investment, human psychology, and innovation.
Satish completed his MBA from Kathmandu University School of Management with a specialization in Finance. Over the years he has got involved in an audit firm, a startup incubation program, and has worked with startup companies helping them come up with their financial models, plans, valuation, and analysis. In his capacity, his primary responsibilities include financial analysis of companies, industry analysis, deck developments, financial modeling, and valuation.