NIC Asia Capital Limited, a wholly owned subsidiary of NIC Asia Bank, has appointed Ram Chandra Khanal as its Chief Executive Officer (CEO). Khanal has been working in financial sector for the last 10 years and was associated with Siddhartha Bank Limited for 7 years. He had been working as Senior Manager in NIC Asia Bank before this. Likewise, NIC Asia Capital Limited has also officially begun providing Registrar to Shares Services (RTS) to its parent company, NIC Asia Bank Limited. Issuing a press statement, it said that all the transaction related with shares of NIC Asia Bank Limited will now be managed by the Capital. The RTS services will be provided from the capital’s central office located at Siddhartha Insurance Building, 3rd Floor, Babar Mahal, Kathmandu. NIC Asia Capital provides full range of merchant banking services with emphasis on customer centered merchant banking services, use of latest technology and through highly qualified investment, research and management professionals—added the statement.