Insurance Board feels the need of restructuring

Kathmandu: The Insurance Board is in preparation for organizational restructuring. It is conducting ‘O&M survey’ through The Staff College, Lalitpur. Chairman of the Insurance Board(IB) Surya Prasad Silwal informed that the necessary process of restructuring will be started based on the study report, which is going on for last three months.

He said that the Board is interested to know how many employees are needed in the next 10 years rather than how many are needed today. That is the basis for creating and appointing posts. ‘

There are levels in other government departments but there’s category in Insurance Board’s office. When there are no levels, the same person has to work in the same category for a long time. Employees can also get incentives if different levels are arranged within the post.
The Insurance Board has already briefed the ministry of finance that a quota of two deputy executive directors and four directors is needed for the time being.
The study report submitted by the staff college will be passed by the board of the IB and sent to the ministry for final nod. The recruitment process will begin only after the approval of the Ministry of Finance.

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