Reliance Life Insurance appoints Pravin Raman Parajuli as new CEO

Reliance Life Insurance Company Limited has appointed Mr. Pravin Raman Parajuli as the new Chief Executive Officer (CEO) of the company . After the approval from Insurance Board, Mr. Parajuli has been appointed as CEO for one tenure (4 years). He is now serving as a CEO in Nabil Investment Banking Limited, a subsidiary company of Nabil Bank. Mr. Parajuli will join the company only after two months. Reliable Life Insurance has already started operations as Insurance Board has provided approval on Kartik 26, 2074. The insurance company has authorized capital of Rs 10 crore and it will soon issue Initial Public Offering (IPO) to the public.