CEOs receiving salary of more than Rs 2 crore<\/strong>{<\/span><\/p>\n }<\/p>\n Pravin Raman Parajuli, CEO of Nepal Life Insurance (NLI), has received a salary of Rs 2,30,05,107 in the last fiscal year. This includes Rs 1,59,84,000 as annual salary, Rs 63,60,219 as employee bonus and Rs 6,60,887 as benefits. <\/p>\n The then CEO of Himalayan Life Insurance Manoj Kumar Lal Karna received a salary of Rs 2,23,06,403 in the last fiscal year. This includes Rs 1,72,24,000 as annual salary, Rs 39,66,280 as employee bonus, Rs 10,08,000 as benefits and Rs 1,08,123 as life insurance. <\/p>\n MetLife General Manager Nirmalkaji Shrestha has received a total of Rs 2,21,34,679. This includes Rs 1,10,92,535 as annual salary, Rs 5,019,066 as employee bonus, Rs 319,692 as benefits and Rs 703,386 as other benefits. <\/p>\n KATHMANDU: National Life Insurance (NLI) CEO Suresh Prasad Khatri has received a salary of Rs 2,09,46,039 in the last fiscal year. This includes Rs 1,34,47,120 as annual salary and Rs 74,98,919 as employee bonus. <\/p>\n CEOs taking salary below Rs 2 crore<\/strong><\/span><\/p>\n }<\/p>\n Narayan Babu Lohani, CEO of Reliable Nepal Life Insurance (LIC), has received a total salary of Rs 1,77,52,009 in the last fiscal year. This includes Rs 1,04,83,212 as annual salary, Rs 24,68,684 as employee bonus and Rs 48,113 as benefits. <\/p>\n Pranay Kumar, CEO of LIC Nepal, has received a total salary of Rs 1,77,33,493 in the last fiscal year. He has received an additional Rs 1,35,000 as the allowance for the meeting of the Board of Directors. <\/p>\n Santosh Prasain, CEO of Prabhu Mahalaxmi Life, has received a total salary of Rs 1,59,78,427 in the last fiscal year. This includes Rs 1,19,88,600 as annual salary, Rs 3,102,777 as employee bonus, Rs 8,49,270 as life insurance, Rs 15,280 as accident insurance and Rs 22,500 as health insurance (including family). <\/p>\n Prakash Bikram Khatri, CEO of Surya Jyoti Life Insurance has received a total salary of Rs 1,47,14,766 in the last fiscal year. This includes Rs 1,16,96,176 as annual salary, Rs 2,583,419 as employee bonus, Rs 412,500 as life insurance, Rs 9,455 as accident insurance and Rs 4,700 as family insurance. <\/p>\n Citizen Life Insurance CEO Poshan Raj Poudel has received Rs 1,41,227,338 as salary and allowance. This includes Rs 85,81,008 as annual salary, Rs 1,637,614 as employee bonus, Rs 3.875 million as incentive, Rs 27,016 as accident insurance and Rs 6,700 as health insurance (including family). <\/p>\n Raj Kumar Aryal, the CEO of Sun Nepal Life Insurance (LIC), has received a total salary of Rs 1,30,55,644 in the last FY. This includes Rs 91,87,500 as annual salary, Rs 38,29,974 as employee bonus and Rs 38,170 as life insurance. <\/p>\n Dinesh Lal Shrestha, CEO of Asian Life, last fiscal year 2081. He has received a total of Rs 1,29,41,670 including salary and allowances in Rs 82. He has received Rs 93,63,275 as salary allowance, Rs 22,27,651 as employee bonus and Rs 13,50,744 as per the prevailing provisions. <\/p>\n Shiva Nath Pandey, CEO of Sanima Reliance Life, has received a salary of Rs 1,11,79,568 in the last fiscal year. This includes Rs 82,29,996 as annual salary, Rs 2,98,400 as performance allowance, Rs 1,508,531 as employee bonus, Rs 1,029,833 as benefits, Rs 71,920 as life insurance, Rs 21,488 as accident insurance and Rs 19,400 as health insurance (including family). <\/p>\n Pawan Kumar Khadka, CEO of IME Life, has received a salary of Rs 63,64,890 in the last fiscal year. Since he has been appointed as the Chief Executive Officer since November 2081, his salary has not been fully burdened with the annual salary facility. <\/p>\n The salary and other perks of the CEOs are determined on the basis of the performance agreement of the CEO with the board of directors. In this way, the board of directors should take a decision keeping in mind the size of the company’s business, the CEO’s work experience, the management expenses of the company, etc. <\/p>\n Although the salary and allowance are determined on the basis of the performance agreement, it is the responsibility of the Board of Directors to check whether the CEO has performed as per the agreement. It is also the duty to deduct the salary and allowances of the CEO who fails to meet the business growth target as per the agreement. <\/p>\n For example, a CEO has made a written agreement that he will increase the insurance premium from 6 percent to 9 percent for a 4-year tenure. However, if the market share falls below 6 percent during the four-year term, the board is free to cut the salary and allowances of the CEO, among other incentives. In order to prevent their performance from weakening, the CEO is putting pressure on the employees below him by cutting the salary and allowances of the employees below him.<\/p>\n","protected":false},"excerpt":{"rendered":" Kathmandu. In the insurance sector of Nepal, the Chief Executive Officers (CEOs) of life insurance companies seem to be getting good salary and allowances. According to the annual report released by the companies, CEOs are getting good amount of money under various headings, including salary. Fiscal Year 2081. According to the annual report of 13 […]<\/p>\n","protected":false},"author":16,"featured_media":291809,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[45031,45152,45159],"tags":[],"class_list":["post-292246","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banner-news-en","category-life-insurance-en","category-news-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/292246","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/comments?post=292246"}],"version-history":[{"count":1,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/292246\/revisions"}],"predecessor-version":[{"id":292247,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/292246\/revisions\/292247"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media\/291809"}],"wp:attachment":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media?parent=292246"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/categories?post=292246"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/tags?post=292246"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"\"](\"https:\/\/insurancekhabar.com\/wp-content\/uploads\/2026\/03\/Life-Insurance-CEO-salary.png\")
<\/p>\nHow is the CEO’s salary determined: <\/span><\/h4>\n<\/p>\n