Nepal Life Insurance Company Limited Reappoints Pravin Raman Parajuli as Chief Executive Officer

15th June 2026, Kathmandu

Nepal Life Insurance Company Limited has officially announced the reappointment of Pravin Raman Parajuli as its Chief Executive Officer.

Pravin Raman Parajuli Reappointed

The formal resolution was finalized during the middle of June 2026, which corresponds to the month of Jestha 2083 in the local calendar. The decision was reached during the 417th meeting of the Board of Directors, where board members voted unanimously to extend Parajuli’s leadership mandate for an additional contract period. By confirming this high level extension, the leading life insurer prioritizes leadership continuity to drive its next phase of market expansion and product innovation.

Corporate Resolution and Appointment Overview

The administrative renewal guarantees a stable management framework at the helm of the organization as it enters the next phase of the fiscal calendar.

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• Corporate Entity: Nepal Life Insurance Company Limited
• Appointed Chief Executive Officer: Pravin Raman Parajuli
• Official Resolution Date: Jestha 29 2083
• Institutional Governing Session: 417th Meeting of the Board of Directors
• Renewed Executive Mandate: Chief Executive Officer
• Approved Tenure Duration: 4 Years

Strategic Continuity in Corporate Leadership

The decision to extend the executive contract emphasizes the governing board’s trust in the established management trajectory and strategic execution.

• Operational Performance Oversight: As the chief executive, Parajuli continues to hold absolute responsibility for guiding strategic expansion plans, managing complex portfolio risk, and advancing digital service channels.
• Long Term Objective Alignment: Maintaining the exact same leadership team prevents disruptions in ongoing corporate initiatives, ensuring that multi year growth strategies remain fully on track.
• Market Positioning Support: Continuous executive leadership helps the organization protect its substantial market share within the highly competitive domestic financial ecosystem.

Sector Context and Corporate Presence

Nepal Life Insurance Company Limited operates as one of the largest corporate entities in the domestic insurance marketplace, running an expansive branch network and managing substantial capital reserves. The long horizon of life insurance liabilities means that corporate stability, prudent asset-liability management, and long term trust are essential elements for sustainable growth.

By keeping Pravin Raman Parajuli at the executive helm for another four years, the board signals a commitment to policyholder security and steady corporate performance, laying a solid foundation to handle upcoming regulatory shifts and broader macroeconomic changes across Nepal.

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