Himalayan General Insurance appoints Shah as CEO

KATHMANDU: Himalayan General Insurance (HGI) has appointed Vijay Bahadur Shah as its Chief Executive Officer (CEO). Shah assumed office on Sunday. “I am honoured and excited to have been appointed as the CEO of HGI. It is truly a privilege to be part of the credibility and history that HGI stands for,” said Shah and added, “HGI has a clear vision and purpose for the future and I will do my best to lead the company and instil passion in the HGI team as we embark on this journey”. Shah succeeds Sushil Bajracharya, who started his career in insurance at HGI and served a committed 28 years in the company, with the last six and a half years as CEO. In his tenure, HGI strengthened its position as a professional and transparent company and laid the foundations for a future-ready HGI in the new era. Prior to joining HGI, Shah was CEO of Nepal Insurance for four years and was instrumental in the positive transformation of the company. “Shah brings a varied and broad perspective to the insurance business,” said Mahendra Krishna Shrestha, Chairman of HGI. “I look forward to working with Shah as we continue to make significant efforts and investments to add value to our clients, pursue the government’s objective to increase insurance penetration in Nepal, and on the whole, to raise the bar for the entire industry”. READ ALSO:

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