Kathmandu: Sanima GIC Insurance Company has illegally extended the appointment of Subodhlal Shrestha as Deputy General Manager. The maximum age limit for employees is 58 years in Sanima GIC. His age exceeds 62 years. In exceptional cases, the management can extend the appointment under a contractual agreement for another year.
Graduated in management, and he has 34 years of experience in the insurance industry. During his three-decades-long career, he served in the National Insurance Company, United Insurance Company, and Sagarmatha Insurance Company.
The continuation of insurance professionals over the age limit has narrowed the opportunities for successors and aspirants.