Kathmandu: There has been change in the BODs of promoters groups of Reliance Life Insurance. Siddhartha Bank, the promoter shareholder of the company, has recalled Sundar Prasad Kandel and appointed Arjun Bhadra Khanal to the BOD.
As per the decision of the Board of Directors meeting held on September 5,Arjun Bhadra Khanal has been appointed to represent the Board of Directors with effect from September 6.
Siddhartha Bank has appointed Sundar Prasad Kandel as the acting CEO and has decided to send Khanal, the head of the small and medium credit department, as the member of BOD in Reliance Life Insurancensurance
