Kabi Phuyal Appointed Senior DCEO and Acting CEO of Himalayan Life Insurance

12th October 2026, Kathmandu

Himalayan Life Insurance Company Limited has appointed Kabi Phuyal as its Senior Deputy Chief Executive Officer (Senior DCEO).

Kabi Phuyal Senior DCEO

He is also assigned the additional responsibility of Acting Chief Executive Officer (Acting CEO), effective from Ashwin 26, 2083.

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Executive Appointment and Board Decision

The life insurance company announced the executive leadership transition following decisions made during its recent board of directors meeting.

• Board Approval: The decision was finalized during the 79th meeting of the Board of Directors of Himalayan Life Insurance.
• Effective Date: Kabi Phuyal officially assumes the roles of Senior DCEO and Acting CEO starting Ashwin 26, 2083 (October 12, 2026), serving as Acting CEO until further arrangements are established.
• Career Move: Phuyal joined Himalayan Life Insurance after resigning from his position as Senior Deputy Chief Executive Officer at Sun Nepal Life Insurance Company Limited.
• Academic Background: Holds a Master of Business Administration (MBA) degree from KFA Business School.

Professional Background and Sector Experience

Phuyal brings extensive leadership experience across Nepal’s life insurance and banking sectors, having held executive roles in multiple financial institutions.

• Early Career: Began his professional career at Laxmi Bank, followed by roles at Rastriya Beema Sansthan, Prime Life, and Surya Life.
• Citizen Life Insurance: Served as Chief Marketing Officer (CMO), contributing to market expansion and positioning the company among top sector performers.
• IME Life Insurance: Served as Chief Executive Officer for a four-year tenure starting August 20, 2020 (Bhadra 4, 2077), where he led business growth and organizational development, securing a tenure renewal prior to his transition.
• Sun Nepal Life Insurance: Played a key role in expanding business operations, enhancing employee and agency network capabilities, and executing market growth strategies.
• Operational Focus: Emphasizes workforce skill development, digital technology integration, corporate governance, agency network mobilization, and customer-centric market strategies to navigate evolving insurance market trends.

For More: Kabi Phuyal Senior DCEO