Institutional governance will be advanced as per the government's spirit: Insurance Authority Chairman Thapa
Rajan Vikram Thapa, newly appointed Chairman of the Nepal Insurance Authority, stated that institutional governance in the insurance sector will be implemented with high priority in line with the government's main agenda. He highlighted market expansion, policy reforms, and organizational restructuring as his priorities.
Kathmandu. Rajan Vikram Thapa, Chairman of the Nepal Insurance Authority, has stated that institutional governance in the insurance sector will be implemented with high priority in accordance with the government's spirit.
In a brief conversation with InsuranceKhabar after his appointment as Chairman, he said, "The main agenda of the current government is governance. That will certainly advance in all sectors, including insurance."
Referring to the long-standing leadership gap at the Authority, he informed that he has prepared and submitted a reform blueprint to the government for the improvement and promotion of Nepal's insurance sector.
He mentioned that expanding the insurance market, promoting potential markets, and revising policies and regulations in a timely manner are also among his priorities.
Furthermore, he indicated that there may be a need to work on restructuring the organizational structure according to the changing size of the market.