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Himalayan Life without leadership: Employees demand acting CEO, union announces protest 

. KATHMANDU: Employees of Himalayan Life Insurance Limited (HLIC) have urged the board of directors to appoint the Acting Chief Executive Officer (CEO) of the company.

Employees of Professional Insurance Agents Association of Nepal and Himalayan Life Insurance Company have expressed serious concern over the failure of the Board of Directors to appoint the responsibility of the acting CEO even after 10 days of the suspension of the company.TAG_OPEN_div_10

} The Employees’ Union has demanded the Board of Directors to ensure the regular operation of the company by appointing the acting Chief Executive Officer immediately in accordance with the prevailing laws, bylaws and corporate practices of the company. The association has also given an ultimatum to address their demands by 9 am on June 22, 2083.

If the demands are not met within the stipulated time, it has warned that a phased protest program will be implemented to protect the interests of millions of insured, thousands of agents and employees.

Prabhu
sikhar insurance

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