Janakraj Sharma Assumes Office as Chairman of Nepal Insurance Authority

Kathmandu — Janakraj Sharma has officially assumed office as the new Chairman of the Nepal Insurance Authority. He took charge immediately after taking the oath of office and secrecy before Finance Minister Rameshwor Khanal today.

Sharma was appointed to the position following the decision of the Council of Ministers on September 25. Upon assuming office, he emphasized the importance of strengthening Corporate Social Responsibility (CSR) practices within the insurance sector.

He also pledged to take initiatives to make the entire insurance industry more systematic and transparent. Sharma stated that the Authority will work actively within the legal framework to ensure effective regulation of Nepal’s insurance sector.