Professional Educators Limited, a renowned name in Nepal's academic sphere, has reached a significant milestone by signing an equity investment agreement with Nepal Life Insurance Company Limited (NLIC). The agreement, celebrated on the auspicious occasion of Guru Purnima, Shrawan 06, 2081, marks a historic collaboration in Nepal's investment sector.
Founded in 2004, Professional Educators Limited, headquartered in Mid-Baneshwor, Kathmandu, has been at the forefront of educational development in Nepal. The company has significantly contributed to Nepal's educational landscape with a legacy of establishing and managing esteemed institutions such as Global College of Management, Global School of Science, Uniglobe School/College, Valley View School, Global College International, and Liberty College.
The special signing ceremony, held at the Royal Singi Hotel, witnessed the presence of distinguished guests, including Dr. Khagendra Prasad Ojha, Chairman of Professional Educators Limited, Mr. Govind Lal Sanghai, Chairman of Nepal Life Insurance Company Limited, and Senior Director and President of the Nepal Chamber of Commerce Mr. Kamlesh Agarwal. The agreement was signed by Dr. Ojha on behalf of Professional Educators Limited and Mr. Pravin Raman Parajuli, CEO of NLIC, representing the insurance giant.
This partnership is poised to usher in a new era for Nepal’s education sector. Professional Educators Limited aims to build a sustainable institutional structure by fostering educational promotion initiatives and innovative experiments. The company is committed to maintaining excellence in corporate governance and transparency while ensuring high-quality education and robust capabilities.
The initiative enhances the company's stature and stands as a significant milestone in the context of educational development in Nepal. Professional Educators Limited is also preparing for an Initial Public Offering (IPO) to extend investment opportunities to the general public, signaling new developments and transformations in the education sector.
Both parties have expressed their commitment to advancing the education sector through cooperative efforts. This collaboration is anticipated to herald a new chapter of prosperity in the institutional development of private sector-led education in Nepal.
