Sun, Apr 28, 2024
Life Insurance Corporation (LIC) Nepal (LICN) has appointed Pranay Kumar as Chief Executive Officer (CEO).
Nepal Insurance Authority (NIA) approved the decision taken by BOD of the company of appointing Kumar as CEO on April 19.
NIA approved the appointment as per the Directive on Insurer Corporate Governance, 2075.
The net profit of development banks has declined less compared to commercial banks and finance companies in the third quarter.
