PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

604269

Primary Business Area

Environment, Social and Governance

Disclosure Date

Oct 25, 2020

Country

Nepal

Region

South Asia

IFC Approval Date

Sep 27, 2019

Status

Completed

Estimated Total Budget

Estimated Total Budget Pending
(Project budget includes all project-funded activities)

Last Updated Date

May 22, 2026

Project Estimated Start Date

Oct 1, 2019

Project Estimated End Date

Jun 30, 2021

Project Description

This project presents a two-year advisory service catered to Yeti Group to provide 1) corporate governance solutions for restructuring its businesses 2) Implementation of the recommendations to the extent possible in the companies under the Tourism and Hospitality sector and other priority companies, and 3) family business governance solutions more specifically for succession planning of second-generation founders ensuring sustainability beyond second generation.

Development Results

E&S Risks / Impacts and Mitigation