Who is Dr. Rajan Bikram Thapa? Profile of Nepal Insurance Authority’s New Chairman
5th November 2026, Kathmandu
Government of Nepal has appointed Dr. Rajan Bikram Thapa, former Executive Director of Nepal Rastra Bank, as the Chairman of the Nepal Insurance Authority for a full four-year term.
The Government of Nepal has appointed former Nepal Rastra Bank Executive Director Dr. Rajan Bikram Thapa as the Chairman of the Nepal Insurance Authority for a 4-year term. Read full coverage on his 3-decade central banking experience, academic background, board leadership, and key priorities for strengthening corporate governance in the Nepalese insurance sector.
The position had been temporarily headed by Joint Secretaries of various ministries following the removal of former Chairman Sharad Ojha on August 18, 2025 (Bhadra 2, 2082 BS) due to eligibility disputes.
Professional Experience and Academic Profile
Dr. Thapa brings nearly three decades of central banking, regulation, supervision, and corporate governance experience from Nepal Rastra Bank.
Academic Qualifications: He holds an M.Phil. in Management, an MA in Economics, an MBA, and an LLB from Tribhuvan University. He earned his Ph.D. from Singhania University, India, researching the impact of corporate governance on risk management in Nepalese banks.
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Central Banking Career: Prior to his appointment, he served as the Executive Director of the Corporate Planning and Risk Management Department at Nepal Rastra Bank. He has also led the Governor’s Office, Financial Institutions Supervision Department, and Bank Supervision Department.
Board-Level Expertise: Dr. Thapa has served on the Board of Directors and Investment Committees of Rastriya Beema Sansthan (National Life Insurance Company Ltd.) and the Deposit and Credit Guarantee Fund.
Key Challenges and Industry Outlook
Strengthening corporate governance across insurance companies and resolving regulatory ambiguities will be top priorities for the new Chairman.
With international training exposure across the US, UK, Switzerland, France, Japan, and South Korea on financial stability and Basel frameworks, his leadership is expected to drive long-term development and effective supervision in Nepal’s insurance sector.
For more: Who is Dr. Rajan Bikram Thapa
