By Our Reporter The 2nd annual general meeting of the NIC Asia Microfinance Ltd, a subsidiary company of the NIC Asia Ltd. held on 9 December. The AGM was chaired by Board Chairman Arjunraj Khaniya. The AGM has endorsed Board’s report and financial details. The AGM has decided to issue IPO for the general public after receiving permission from the concern monitoring organs. Likewise, the 39th board meeting of the Micro Finance has elected Kapil Dhakal as its board chairman. Dhakal is currently working as the deputy CEO of the NIC Asia Bank, Dhakal holds a long experience in the banking sector. Earlier, he had served in Deloitte, globally recognized consultancy company and also served as the CEO of the Hamro Bikash Bank Ltd. Dhakal took oath of office from Devkumar Dhakal, executive director of the Bank and Financial Institutions’ Monitoring Department in the Nepal Rastra Bank.