Thu, Sep 10, 2026
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 Ministry of Finance is finalizing a dedicated reform package for the capital market after the Nepal Stock Exchange (NEPSE) index experienced a sharp decline of nearly 400 points over the past six months.
