Kabi Phuyal re-appointed CEO of IME Life Insurance

KATHMANDU:Kabi Phuyal has been re-appointed Chief Executive Officer of IME Life Insurance Limited.

The board of directors has extended Phuyal's tenure as CEO of the company, which began in 2077, for a second term, recognizing his outstanding performance.

The Board of Directors met on the 14th of Shrawan and resolved to re-appoint Phuyal and submit it to the insurance authorities for approval.

Phuyal, who has extensive experience in the insurance industry, has led IME Life for the last four years. During his tenure, the company launched an IPO and raised its capital from Rs 1.44 crore to Rs 5 billion. Similarly, the company has seen a significant increase in business and financial indicators.