KATHMANDU, FEBRUARY 14

Himalayan General Insurance Co Ltd (HGI), one of Nepal's older non-life insurance companies, recently announced that Vijay Bahadur Shah has been appointed as the new chief executive officer.

Shah assumed his role from Sunday, as per a media release. 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 has 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 at Nepal Insurance Co Ltd for four years.

A version of this article appears in the print on February 15, 2022, of The Himalayan Times.