Careers

Nepal Life Insurance Company Limited is actively seeking applications for the role of Chief Executive Officer (CEO) from highly motivated, dynamic and result-oriented Nepali citizens for its wholly owned subsidiary company Nepal Life Investment Company Limited. Candidate should have a proven track record in banking and financial institutions, investment banking and capital markets. The CEO shall be responsible in formulating and executing the Company’s annual operating plans and managing investments, guided by the long-term strategic plans of the Company.

Skills, Qualification and 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.
• Profound expertise in Nepalese Capital Markets, Banking Procedures, Financial Analysis, Research, Portfolio Management, Mutual Fund Management, Treasury, Securities Trading, Corporate Advisory, Due-diligence, fund raising and other investment banking procedures. Experience of valuation of projects shall also be an added advantage for candidates.
• Preference shall be given to applicants who have expertise and exposure in the domain of investment banking and Private Equity/ Venture Capital.
• Strong organizational, analytical, and problem-solving skills, as well as strategic thinking ability.
• Proactive leadership qualities, excellent interpersonal skills, and the ability to establish and sustain long-term business growth for the organization, as well as the ability to foresee trends and capitalize on new opportunities as they arise, are required.
• Strong market relation for soliciting projects for appraisal.
• Proven track record of working at policy level and strategic level decision making.
• Strong negotiation and management skills related to stakeholder management.
• Not exceeding 45 years of age as on the application deadline.

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.

Application Procedure :

Prospective candidates who meet the specified criteria are invited to send their updated resume, along with a cover letter mentioning their expected remuneration and other benefits, Please make sure to submit your application no later than 17:00 hours; May 21, 2024.

Candidates who are shortlisted will be invited to present comprehensive business plan, followed by interviews. References could be asked for, in case required.

The Company reserves the right to reject any/all application without assigning any reason whatsoever. Any incomplete application shall not be accepted.

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