Kathmandu. Insurance Institute Nepal has published an advertisement for the appointment of Chief Executive Officer. The institute has published an advertisement for the appointment of Chief Executive Officer after Sushil Dev Subedi, Executive Director of Nepal Insurance Authority, was nominated as the Chairman.
The institute has invited applications for the post of Chief Executive Officer from candidates with a master’s degree in management, finance, insurance or related subjects, 15 years of experience including senior management level in a bank, financial or insurance institution, strategic leadership, business expansion, stakeholder engagement, group management and effective communication skills. In addition, it is also a condition that the candidate must have demonstrated good managerial skills in organizing training, conferences, and workshops.
The institute has said that it will give priority to those with experience in the insurance sector during the selection of candidates. The candidate will have to submit a business strategic plan for a period of at least 4 years. The institute has requested eligible candidates to submit their applications by Chaitra 22. The age limit of the candidate for the post of Chief Executive Officer has not been disclosed in the advertisement.
The post of Chief Executive Officer of the Bank Financial and Insurance Institute of Nepal, established to promote the private sector, is held by Dr. Binod Atreya, who has also been the Director of Nepal Rastra Bank and the Chief Executive Officer of Nepal Bank Limited. He is a person who has gained more than 30 years of experience in the banking and management sector.
The Insurance Institute, which has not been able to show much effective presence even after five years of establishment, needs a Chief Executive Officer who can provide fair returns to shareholders, skilled manpower to the insurance sector, a reliable educational institution that teaches insurance to the general public, and a prestigious educational institution for the country at the international level. If the institute conducts general level training like a government institution, appoints a CEO who only holds a few international conferences and general meetings at the end of the year and then takes up his job, it could be a loss for the insurance sector in terms of both money and time.
