Dr. Binod Chaudhary is the President of CG Corp Global; a multi-dimensional conglomerate with a prolific history of more than 140 years with a portfolio of over 80 businesses spread over 5 continents and 30 countries and renowned brands in the global market.
He has gone on to become a global player in FMCG as the man behind ‘Wai Wai’ noodles, the most iconic brand from CG, which has earned him the sobriquet the “Noodle King” worldwide. Thanks to Wai Wai, he has 2% shares of the world’s noodles market. Binod Chaudhary is proof that success is possible in a landlocked, developing country like Nepal.
His conglomerate, the CG Corp Global’s assets include a controlling stake in Nepal’s largest private sector commercial bank, Nabil Bank and a string of hotels and JVs with Taj (Tata Group), Alila, Fern and The Farm at San Benito in Asia to name a few prominent brands. Last year, CG diversified into telecom when it bought out ST Telecom, a rural telecom operator in Nepal.
His other business interests include Telecom, Infrastructure, and Education among the 11 business verticals he runs within CG.
The zeal and passion towards growing his businesses despite various challenges in developing countries is his intrinsic strength. And, contrary to popular perception, he has proved that an entrepreneur can do business in Nepal and still emerge as a billionaire – in fact the only one listed by Forbes – from the Himalayan republic.
Dr. Chaudhary is also regarded as a leading philanthropist with his initiatives in starting Nepal Social Business and for his contribution of 10,000 shelter homes and 100 schools during the April 2015 earthquake catastrophe.
He is an avid trekker and a fitness enthusiast.
Below are some of the important positions held:
Hon’ble Member of Constituent Assembly, Nepal (April 2008 – April 2012)
President Emeritus and Founder of Confederation of Nepalese Industries (CNI)
President of Federation of Nepalese Chambers of Commerce & Industry (FNCCI) (1993 – 1995)
Advisor to Rt. Hon. Prime Minister of Nepal (April 2000)
World Economic Forum’s Global Leader for Tomorrow (1995)
Member of World Presidents Organization (WPO/YPO) since 2005