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Chief Executive Officer

    Full Time   Deadline : 2024-05-21 Closed
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  Nepal Life Insurance Co. Ltd.
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Short Info
  • Career Level:
  • No. of Vacancy: 1
  • Experience: - Years
  • Views: 105
  • Apply Before: 2024-05-21 (Closed)
  • Offered Salary: Negotiable
  • Gender: Both
  • Driving License: Yes
  • Education Preference:
  Job Description:
  1. Strategic Leadership:
  • Responsible for leading company operations, the overall growth strategy, organizational leadership, financial and organizational management, external communications.
  • Develop the Company's strategic direction and plans (short, medium, and long term) to achieve corporate objectives.
  • Provide overall leadership in implementing strategic and business plans within the authority limitations delegated by the Board.

2. Investment/ Divestment Management:

  • Screen and present investment deals to the Investment Committee and the Board for approval.
  • Conduct research and identify investable projects/deals, prepare business plans, financial projections, and feasibility study reports.
  • Ensure the returns are realized as per the projected financial statement.
  • Active portfolio management based on industry and company’s performance level.
  • Strategically manage and perform activities related to divestment strategy when a business unit is under-performing.
  • Stay abreast of current business and economic development relevant to our as well as investee    and report to the investment committee.

3. Fund Management:

  • Effectively manage the Company's funds to maximize returns and ensure appropriate diversification.
  • Monitor investment portfolios, evaluate performance as compared to traditional investments (FD) and recommend course of action as necessary.

4. Stakeholder Management:

  • Maintain effective communication and relationships with stakeholders such as Promoters, Shareholders, Board of Directors, Employees, NIA, OCR, SEBON, NEPSE, Ministry of Finance, Other Ministries and regulators, Auditors, BFIs, and the communities in which the Company operates.
  • Act as the primary point of contact for external stakeholders, representing the Company's interests.

5. Value Creation and Risk Management:

  • Manage the business to create sustainable long-term shareholder value.
  •  Identify and communicate all material risks to the Board, along with mitigation plans and procedures.

6. Governance and Compliance:

  • Comply with regulatory requirements and ensure adherence to corporate governance practices.
  • Ensure the objective and compliance of the company and its holding company is maintained to the utmost governance standard level.
Education + Experience
  • Masters' Degree in the subject of Economics/ Commerce/ Finance/ Accounts/ Business with a minimum of 10 years of experience in the fields of Accountancy/ Finance/ Management within the area of industry/ Commerce/ Capital Market/ Banking and Financial Institutions. Minimum working experience in Managerial position with leadership role for 5 years.
  • Preference shall be given to candidates with a professional certification such as MBA (Finance),CFA/CA/ACCA.
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